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.