Bugatti halts product development as rumours of VW sale intensify – Update

Update, 8 October 2020: Bugatti President Stephan Winkelmann has told media outlet Bloomberg the high-performance Volkswagen subsidiary has effectively halted all product development. "We had talks about a second-model lineup," Mr Winkelmann said. "But [this is now] blocked due to the coronavirus crisis; we’re not talking about what’s coming next." Despite this, he stated the manufacturer is on track to turn a profit in 2020.

Comments

Popular posts from this blog

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

New Alfa Romeo 33 Stradale supercar unveiled with petrol and electric power

Ineos Grenadier gets converted into a camper with Australian-made pop-top

2023 Porsche Taycan GTS review

New Hyundai Venue due in 2025 – report

Renault and Nissan production delays due to global cyber attack

2024 Toyota LandCruiser 70 Series facelift spy photo

JAC T9 ute from China slated for 2024 Australian launch

2019 World Car Awards: Finalists announced

Volvo ‘ES90’ electric sedan due next year