- Mar 11, 2007
Bugatti chief resigns
Thomas Bscher wanted to see the Bugatti range expand. He had taken charge of the über-premium brand during the tenure of Dr. Bernd Pischetsrieder, the former head of the Volkswagen Group. But when Pischetsrieder was replaced by Audi chief Dr. Martin Winterkorn, plans changed.
Evidently failing to realize his goals of broadening the Bugatti range beyond the Veyron, Bscher opted to resign from his post. Taking his place will be a fellow brand manager from VW's de facto premium auto group, Franz-Josef Paefgen, who will reportedly take on the management of Bugatti in addition to Bentley, the Volkswagen subsidiary over which he currently presides. Whether this will be an interim role or a more permanent arrangement remains to be seen, but with the same man controlling both brands, Bugatti isn't prone to pose a threat to Bentley's stature at the top of the corporate luxury hierarchy.
This management shift pretty much puts the final nail in the coffin of any future Bugatti model, whatever shape it might have taken. Porsche AG, a major shareholder in the VW Group that had voiced its opposition to any expansion of the Bugatti brand, just might get its wish.
[Source: Der Spiegel (tr.) via German Car Scene]
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