As the world’s fastest “king of overstoes”, Bugadi gets widespread attention in the industry for every car he launches. Recently, according tomedia reports, Buga has shelved the new overstowing plan, Volkswagen Group will conduct an annual investment review next month. And that means the fate of Bugaddy’s new model is a foggy one.
In response, Stephan Winkelmann, Bugaddy’s chief executive, said: “Bugaddy is discussing new models internally, but we have stopped the program because of the outbreak of the new crown. “
In his view, this is mainly due to the new crown virus on the automotive industry caused great harm.
In fact, for most car companies, the super-run brand is more like a face project, in addition to spending a lot of money on research and development, in the end may not make money, or even large losses.
A study by Wall Street’s Bernstein found that the huge cost of research and development cost Bugadi $6.24 million ($43.87 million) for every Veron he sold. But that was reversed with chiron’s launch.
In the future, Winkelmann is optimistic about Bugaly’s development, saying 2020 could be the best year ever for Bugagrad.
On the order side, he said 70-80 per cent of new cars produced this year and capacity in 2021 had been found.