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As VW electrifies, it questions the role of Lamborghini, Bugatti, Ducati

FRANKFURT — Volkswagen needs to change to stay relevant in the electric and digital vehicle era and will announce "important steps" to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. "Volkswagen needs to change: From a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering — to a digital company that reliably operates millions of mobility devices worldwide," Diess told shareholders at the company's virtual general meeting. Vehicles need to stay in contact with customers, offer new services and comfort functions on a weekly or even daily basis, he said. "We will take further important steps to set the course for this in the rest of 2020," Diess said. Senior executives told Reuters the company is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play as the company increasingly focuses on electric, digital and autonomous vehicles. Volkswagen, which also owns VW, Audi, Porsche, Seat and Skoda, is looking at whether it has the resources to accelerate development of electric platforms for smaller brands at a time it is investing billions to transform its more mainstream cars. Asked whether Ducati, which is known for making noisy combustion-engined motorbikes, has an electric future, Markus Duesmann, who oversees research and development for the group, said: "It will not take long until we see an electric Ducati." Whether Ducati, which is a medium-sized premium motorbike brand, would offer an electric variant, depends on whether a bike could offer range comparable to a combustion-engined variant, Duesmann said. Advances are being made in battery technology which could make this possible, he added. Separately Frank Witter, the company's chief financial officer, in response to a question about whether a sale of Lamborghini is planned, said Volkswagen does not comment on speculation about potential divestments. Lamborghini's Chief Executive Stefano Domenicali this week announced his departure from the sports car maker to take on a new job as president of Formula One. VW needs cash Volkswagen is reviewing the future of these three high-performance brands as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters.

Bugatti looking into hybrid tech for next-gen Veyron?

Fast. Powerful. Opulent. There are any number of descriptors one could use to describe the Bugatti Veyron. But along with them is "heavy" - including heavy on fuel consumption. That's just the way it goes when you're dealing with a sixteen-cylinder, quad-turbo beast of a supercar. But that could change, if the latest output from the rumormill proves accurate.
According to a report from Auto Express, Bugatti is keen to improve its image in the eyes of a tree-hugging world, so it is looking at ways to make the successor to the Veyron more fuel efficient. One way would be to make the car lighter, something that shouldn't be all that difficult considering that the current model weighs in at over 4,000 pounds. One such method of trimming the fat reportedly revolves around carbon-fiber wheels, something that's been done before but far from widely adopted.
At the other end of the spectrum, Bugatti is also reportedly evaluating the prospect of hybrid propulsion - something that would not reduce weight but could help fuel consumption figures while keeping the power up. If the Molsheim automaker were to go that route, we'd expect something closer to what Ferrari is working on for the Enzo successor than an upmarket Toyota Prius.

Bugatti names former Ferrari, Lotus man its new American chief

After six years running its American operations, John Hill is leaving Bugatti. So the exotic carmaker is going to need someone to fill his shoes - particularly since the United States and Canada account for a quarter of all Bugattis sold (to say nothing of Latin America). Fortunately, it appears to have found just the right person in Maurizio Parlato.
An old hand in moving exotic sports cars in North America, Parlato comes to his role as Chief Operating Officer at Bugatti of the Americas after years in the business. He served as top man in America first for Ferrari and Maserati and then at Lotus, holding numerous other positions at both companies over the years, including the latter's global sales and marketing director. (Lotus, for what it's worth, was once owned by Bugatti, but that was long before Parlato arrived on the scene.)
Parlato assumes his new role at Bugatti at a time when the company is trying to move the last few dozen Veyrons before switching over to its successor. He'll have a network of 13 dealers to manage, satisfy and ultimately expand, but if anyone can do it, Parlato seems to have proven that he can.