History
At the urging of then-chairman Ferdinand Piëch, Volkswagen purchased the rights to produce cars under the Bugatti marque in June, 1998. This followed the earlier Volkswagen purchases of the Lamborghini marque (by VW's Audi subsidiary), the Rolls-Royce factory in Crewe, United Kingdom, and the Bentley marque.
On 22 December 2000, Volkswagen officially incorporated Bugatti Automobiles S.A.S., with former VW drivetrain chief Karl-Heinz Neumann as president. The company purchased the 1856 Château Saint Jean, formerly Ettore Bugatti's guest house in Dorlisheim, near Molsheim, and began refurbishing it to serve as the company's headquarters. The original factory was still in the hands of Snecma, who were unwilling to part with it. At the Pebble Beach Concours d'Elegance in August 2000, VW announced that they would instead build a new modern atelier (factory) next to and south of the Château. The atelier was officially inaugurated on 3 September 2005.
Bugatti Automobiles S.A.S. is a wholly owned subsidiary of the Volkswagen AG
Read more about this topic: Bugatti Automobiles
Famous quotes containing the word history:
“Every library should try to be complete on something, if it were only the history of pinheads.”
—Oliver Wendell Holmes, Sr. (18091894)
“This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.”
—Richard M. Nixon (19131995)
“The history of this country was made largely by people who wanted to be left alone. Those who could not thrive when left to themselves never felt at ease in America.”
—Eric Hoffer (19021983)