- Thomas Bscher
Dr. Thomas Bscher (pronounced "Bay-share") (born
2 April 1952 ,Marburg ) is anautomobile race car driver, executive, andbanker .From 1986 to 1995, Bscher was partner with the Sal. Oppenheim bank in
Cologne , responsible for corporate finance and financial markets. prior to that, he worked for a number of banks, particularlyDeutsche Bank ,Brown Brothers Harriman andS.G. Warburg .As a racer of expensive and fast
sports car s andsupercar s, Bscher won the 1995BPR Global Endurance GT Series driving aMcLaren F1 GTR . The pinnacle of his motorsports career came at the1999 24 Hours of Le Mans , where hisBMW V12 LM ranked fifth.He came to the attention of
BMW chief,Bernd Pischetsrieder , in 1999 while driving one of that company's cars at the24 Hours of Le Mans race.When taking over at
Volkswagen AG , Pischetsrieder promoted Bscher to president of Bugatti. Bscher has extensive management and racing experience, a combination that made him ideally suited for Bugatti, as VW chairman Dr.Bernd Pischetsrieder noted when he appointed him to his current job.He headed
Bugatti Automobiles SAS , part of Volkswagen AG, from December 2003 till March 2007.Organisation of Bugatti Automobiles
Eventually the company will have about 130 people working for them. The Veyron costs 1,000,000 euros ($1.3 million) plus tax, the total production is limited to 300 units, the first 40 cars are spoken for, and there are going to be no more than 20 dealers worldwide. The company has the land and the planning permission to expand the factory and assemble between 1,000 and 2,000 units per year should they choose to expand. Bugatti will be profitable from chassis number one. The explanation is that, VW has already written off all the upfront investment.
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