Who resurrected the Bugatti name?
Or have they just been producing garbage for 60+ years?
"... Ettore Bugatti also designed a successful motorised railcar, the Autorail, and an airplane which never flew. His son, Jean Bugatti, was killed on August 11, 1939 at the age of 30, while testing a Type 57 tank-bodied race car near the Molsheim factory. Subsequently the company's fortunes began to decline. World War II ruined the factory in Molsheim, and the company lost control of the property. During the war, Bugatti planned a new factory at Levallois in Paris and designed a series of new cars. Ettore Bugatti died on August 21, 1947.
The company attempted a comeback under Roland Bugatti in the mid-1950s with the mid-engined Type 251 race car. Designed with help from famed Alfa Romeo, Ferrari, and Maserati designer Gioacchino Colombo, the car failed to perform to expectations and the company's attempts at automobile production were halted.
In the 1960s, Virgil Exner designed a Bugatti as part of his "Revival Cars" project. A show version of this car was actually built by Ghia using the last Bugatti Type 101 chassis and was shown at the 1965 Turin Motor Show. Finance was not forthcoming and Exner then turned his attention to a revival of Stutz.
Bugatti continued producing airplane parts and was sold to Hispano-Suiza (another auto maker turned aircraft supplier) in 1963. Snecma took over in 1968, later acquiring Messier. The two were merged to form Messier-Bugatti in 1977.
Italian entrepreneur Romano Artioli acquired the legendary Bugatti name in 1987 and established Bugatti Automobili SpA. The new company built a factory designed by the architect Giampaolo Benedini in Campogalliano, Italy, a town near Modena, home to other performance-car manufacturers De Tomaso, Ferrari, Lamborghini, Pagani and Maserati.
By 1989, the plans for the new Bugatti-revival were presented by Paolo Stanzani and Marcello Gandini, famous designers of the Lamborghini Miura and Countach. The first completed car was labelled the Bugatti EB110 GT, advertised as the most technically advanced supercar ever produced.
From 1992 through 1994, famed racing car designer, Mauro Forghieri, was technical director.
On August 27, 1993, through his holding company, ACBN Holdings S.A. of Luxembourg, Romano Artioli purchased the Lotus car company from General Motors. The acquisition brought together two of the greatest historical names in automotive racing and plans were made for listing the company's shares on international stock exchanges.
Bugatti also presented in 1993 the prototype of a large sedan called the EB 112.
By the time the Bugatti EB110 came to market the North American and European economies were in recession and operations ceased in September of 1995. A model specific to the United States market called the "Bugatti America" was in the preparatory stages when the company closed.
The most famous Bugatti EB110 owner is racing driver Michael Schumacher, 7 times Formula One world champion. Despite now racing for Ferrari, he still owns the Bugatti EB110 he acquired while racing for the Benetton team.
Volkswagen AG purchased the rights to produce cars under the Bugatti marque in 1998. They commissioned ItalDesign to produce the Bugatti EB118 concept, a touring sedan which featured a 555 hp DIN (408 kW) output and the first W-configuration 18-cylinder engine on any passenger vehicle, at the Paris Auto Show.
In 1999 the Bugatti EB 218 concept was introduced at the Geneva Auto Show; later that year the Bugatti 18/3 Chiron was introduced at the IAA in Frankfurt. At the Tokyo Motor Show the EB 218 reappeared and the Bugatti EB 18/4 Veyron was presented as the first incarnation of what was to be a production road car.
In 2000 Volkswagen founded Bugatti Automobiles SAS and introduced the EB 16/4 Veyron concept, a 16 cylinder car producing 1001 hp DIN (736 kW), at the Paris, Geneva, and Detroit auto shows. Development continued throughout 2001 and the EB 16/4 Veyron was promoted to "advanced concept" status. In July 2005 Bugatti Automobiles S.A.S. announced that the car would officially be called the Bugatti Veyron 16.4. It was said that the car - built in the historical Bugatti's factory in Molsheim - would be delivered to clients in October 2005, however the Veyron finally entered production in late 2005, delivery will start in early 2006. Maximum speed claims have been met in several high speed tests where the car slightly exceeded its target, reaching 252 mph (407.5 km/h)(Mach 0.3) and holding it for about two minutes. According to Car and Driver, the fuel economy when traveling at 253 mph in the Veyron was 3.0 mpg (78L/100km). Independent Press tests have reported many failures (3 out of 5 cars available for testing in November 2005 were out of service), but the Veyron prototypes were put through the same grueling regimen of other Volkswagen group models, with each pre-production car logging over 50,000 miles..."