Dr. Stefan Brungs Leaves Bugatti

November 27, 2017 by Bugatti Automobiles S.A.S.

The Member of the Board of Management for Sales, Marketing and Customer Service is leaving the company and the Volkswagen Group at his own wish with effect from 1 December 2017

•Brungs to become CEO of the premium brand BICO in Switzerland

•The future President of the brand, Stephan Winkelmann, will decide on Brungs' successor at Bugatti

With effect from 1 December 2017, Dr. Stefan Brungs, Member of the Board of Management of Bugatti Automobiles S.A.S. responsible for Sales, Marketing and Customer Service, is leaving the company and the Volkswagen Group at his own wish. Brungs has held his position with Bugatti since October 2010. The 57-year-old, who holds a doctorate in business administration, is moving to Switzerland to become CEO of the premium brand BICO, a wholly owned subsidiary of Hilding Anders. The future President of the Bugatti, Stephan Winkelmann, who takes up his position in January 2018, will decide on Brungs' successor at Bugatti.

Wolfgang Dürheimer, President of Bugatti Automobiles S.A.S. up to the end of the year, thanked Brungs: 'Dr. Stefan Brungs has done outstanding work at Bugatti and has made major contributions to the brand and its presentation in the markets with his commitment. His highly successful pre-launch marketing campaign for the new Chiron, which is being produced in a strictly limited series of 500 vehicles, resulted in an outstanding market launch. The sale of more than 300 of these cars to date has been a great success for Dr. Brungs. He has lived for the Bugatti brand and has represented it with considerable passion.'

About Bugatti

Bugatti Automobiles S.A.S. is the manufacturer of the ultimate production super sports car. The new Chiron1 is the latest interpretation of Bugatti's brand values 'Art Forme Technique' which embody the brand's origin, elegant, its timeless design and technological developments in the extremely high performance range. The Chiron is not only designed for maximum speed but also to meet the highest possible demands in terms of luxury, comfort, everyday drivability and durability. The Chiron represents the best in all these areas and embodies a concept that makes it a unique super sports car.

Since it was established in 1909, the French luxury brand has had its headquarters at Molsheim, Alsace, where 450 Veyrons were hand-crafted from 2005 to 2015. The production of the Chiron started in the autumn of 2016. Currently, more than 300 of these super sports cars, which are being produced in a strictly limited series of 500, have been sold.

The French luxury brand, which has been part of the Volkswagen Group since 1998, employs about 300 people. With 34 dealers and service partners in 17 countries in Europe, North America, the Middle East and Asia-Pacific, Bugatti is now a global player.

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1 Fuel consumption, l/100km: urban 35.2 /extra urban 15.2 /combined 22.5; CO2 emissions (combined), g/km: 516; efficiency class: G