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Bugatti Halts Plan for New Supercar After Pandemic

  • Parent VW to review investments next month amid Covid crisis
  • Tougher emission rules are putting pressure on niche carmakers
Bugatti’s Chiron supercar

Bugatti’s Chiron supercar

Photographer: Natan Dvir/Bloomberg

Bugatti Automobiles SAS has put on hold plans for a second model to flank the Chiron supercar ahead of parent Volkswagen AG’s annual investment review next month.

The decision was prompted by the damage inflicted on the car industry by the Covid-19 pandemic, Bugatti chief Stephan Winkelmann said in a Bloomberg TV interview. Despite the outbreak, the carmaker expects to generate record revenue this year, Winkelmann said.