The one-off Bugatti La Voiture NoirBugatti Lamborghini’s SC18 Aventador is a one-of-a-kind supercar created from a blank sheet of paper, hand-in-hand between Lamborghini chief designer Mitja Borkert and its anonymous buyer. Unveiled late last year, it was the first of what will be a growing number of multimillion-dollar commissions from the Bologna, Italy-based brand, according to chief technical officer Maurizio Reggiani. Bugatti, another Volkswagen-owned brand, is also making multi-million-dollar one-off cars for the world’s most supremely wealthy collectors. Witness the Bugatti La Voiture Noire, a US$12.5 million beast that debuted at the Geneva Motor Show earlier this year and which retains the title of the most expensive new car ever sold. It will be delivered to its (also secret) owner by the end of 2021. But while both cars are unique, they embody opposing design philosophies. Lamborghini starts from a blue-sky “whatever you want” approach for those who can cough up the funds, while Bugatti develops the car first, and then asks a prospective buyer, “Do you want it?” I spoke with Frank Heyl, the head of exterior design for Bugatti, in Lake Como, Italy. We were there for the annual Concours d’Elegance Villa d’Este and he had brought Bugatti’s big black beauty to show off on the lawn. As Bugatti chief Stephan Winkelmann milled around chatting with European collectors and vintage driving enthusiasts, Heyl discussed the burgeoning market for custom-body a.k.a. coachbuilt cars—and why Bugatti will never give a customer a pen and say, “Have at it.” Hannah Elliott: The La Voiture Noire has seemed like a great success, at least in terms of media hype and, of course, the fact that it has a buyer. Now you’ve got the task of putting it into production, and it won’t be delivered until late 2021—but in the meantime, do you have the sense that there is room for more cars like this from Bugatti? What is the world appetite for the coachbuilt car? Could we say there are hundreds of people globally who would want to purchase a similar vehicle? Frank Heyl: Easily. The market for this is really growing, and the brand is so strong that we have come to see now that the sky is the limit. HE: This reminds me of the statistic Bloomberg reported that many Bugatti owners actually own two or more of them. FH: Yes. There are a lot of multi-owners, which is significant when you consider that our base product is US$3.2 million. There are people that actually bought a Chiron to get a Divo. (Only people who owned one of the 500 Chiron cars made were invited to purchase a Divo.) That shows how strong the brand is and how the brand is perceived. HE: So, on a higher echelon than the “mainstream” Bugatti owner, what type of people are the ones buying one-off cars like La Voiture Noire? FH: Well, obviously collectors and enthusiasts. It wouldn’t be so easy if the brand didn’t have the heritage had have already been built up now so many years. HE: The La Voiture Noire car is the spiritual successor to Jean Bugatti’s personal Type 57 SC Atlantic that got lost during the Second World War. I know the idea for it has been percolating at Bugatti for more than a decade, but I imagine the timing had to be right before you finally produced it—the market had to be able to support it. FH: Yes. Back when I started (11 years ago) it cost a million dollars to buy a Veyron. Then we started the special (Veyron) Super Sport, which broke the world record. Initially, we thought we could sell a dozen or so. But it was actually more. We felt like, Okay there is more room here, let’s keep pushing. And by talking to the customers, it became very clear that there is so much more room for more ideas. HE: What about doing what Lamborghini does, allowing customers to create their very own cars. Would Bugatti do that type of ultra-hyper-bespoke one-off work where the customer calls the shots? FH: To have a customer coming to say, “I have this or that car in my mind,” that’s not how we work. When you talk about coachbuilt cars, it goes the other way around: It has to come from us. We have an idea for something, and we say to the customer, “Would you be interested?” Some say yes, some say no. HE: Why not do it? FH: When it is the other way around—I have also been involved in similar one-off projects, not for Bugatti—it gets very very difficult. You have to be very, very disciplined in your process. Otherwise your process will explode, and your time will run out. If you are not very disciplined in that process it will not make a business as well. After all, in the end we have to make it work financially. It doesn’t mean the customer cannot say, “Hey can you do this?” For example, the six tailpipes on La Voiture Noire. That was a specific dream from the customer request. But even that requires a little bit of discipline, too. The one-off Bugatti La Voiture Noir Bugatti HE: Coachbuilding is Bugatti’s heritage, even though the brand had largely
Origin: Bugatti’s wild one-offs aren’t commissioned—they’re dreamt up by the company
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EU says Trump’s proposed car import quotas aren’t happening
US President Donald Trump speaks with reporters as he departs the White House, in Washington, DC, on June 2, 2019. (Jim Watson / Getty Images The European Union vowed to reject any U.S. push to curb imports of EU cars and auto parts, highlighting the risk of greater transatlantic trade tensions. EU trade chiefs late May dismissed an idea floated by President Donald Trump earlier in the month of fixing quotas on European automotive exports to the U.S. He claimed such shipments pose a threat to national security—a view repudiated by Europe. On May 17, Trump put off a decision on auto tariffs for 180 days while saying that “domestic conditions of competition must be improved by reducing imports” and instructing U.S. Trade Representative Robert Lighthizer to address the matter in talks with the EU and Japan. Voluntarily restraining exports is illegal under World Trade Organization rules. “That is something that we are 100 per cent against,” Swedish Trade Minister Ann Linde told reporters in Brussels where she met her EU counterparts. Other national ministers and European Trade Commissioner Cecilia Malmstrom echoed the point by saying the 28-nation bloc is determined to respect WTO requirements. Being played out in the shadow of a U.S.-China trade war that has unnerved investors worldwide, the transatlantic discord over tens of billions of dollars in European auto exports to the American market risks morphing into a new headwind for the global economy. The issue could scuttle planned EU-U.S. negotiations on eliminating tariffs on industrial goods across the board and end a trade truce struck by both sides in July 2018. That in turn would increase the likelihood of U.S. duties on European cars and an EU tit-for-tat
Origin: EU says Trump’s proposed car import quotas aren’t happening