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Watch a Bugatti Chiron arrive in style to Monaco dealership

Monaco is known as a playground for the world's ultra-wealthy, so there's no better place to draw the eye of the Bugatti Chiron's potential customers than at a dealer in the tiny city. This clip shows a shining black example of the new hypercar arriving at the showroom. While the 8.0-liter, quad-turbo W16 never gets much above an idle, the growl from the exhausts suggests great things at higher revs. The dark color stands out well on the showroom's white floor. The chrome trim around the doors and intakes also adds a little bit of bling, and the light blue brake calipers provide a nice flash of color. The same turquoise shade appears inside on the center console and seatbelts. It's hard to spot many other details inside because the seats and steering wheel have protective coverings. Even the driver wears white gloves to keep the interior immaculate. Bugatti plans to make just 500 examples of the Chiron for about $2.6 million each, so seeing one is a rare treat, especially this early. They are starting to pop up, though, like this blue one in Manhattan. If you want to hear the Chiron throw a few more revs, this clip from March offers another tease of the upgraded engine's sound.

Bugatti Rimac signs exclusive distribution deal with VW of America

Volkswagen Group of America (VGoA) has only just announced a deal it signed with Bugatti Rimac during Monterey Car Week last month. The deal gives VGoA exclusive rights to import and distribute Bugatti and Rimac products in the United States, and puts the COO of Bugatti America, Sascha Doering, in charge of the Rimac's American outpost as well. Mate Rimac, CEO of what's now called the Rimac Group, said, "For both the Bugatti and Rimac brands, the U.S. is the strongest single market in the world, so it’s important that we curate a sales and ownership experience befitting the extraordinary cars that weÂ’re delivering to customers. The alignment and cooperation with Volkswagen Group of America will allow a new dealer network in the States to evolve with the enormous experience and resources available to them, allowing us to combine all the best bits of a mass-market sales operation with the bespoke, customer-centric special touches that have become a hallmark of both Bugatti and Rimac brands." We suspect the news will have more effect on Bugatti dealers than Rimac dealers, but neither company explained what the new arrangement will mean. Rimac's retailer map shows seven stores in the U.S. Three of those seven also sell Bugatti, one assumes they'll only need to deal with paperwork and potential new showroom dictates. Of the remaining four, two sell numerous additional brands that include VW nameplates other than Bugatti, one appears to only sell Rimac and Koenigsegg, and one appears to sell just Rimac. Those latter two could be cut off from the herd. However, it's more likely that all of the dealers saw this coming once Rimac turned into Bugatti Rimac in 2021. For anyone interested in minutiae, Bugatti Rimac is a joint venture between Porsche and Rimac, the German sports car company owning a 45% stake, the Rimac Group owning 55%. The Rimac Group is the carmaking division and Rimac Technology, which engineers electric powertrains for other automakers like Pininfarina and is separate from the production cars, is 100% owned by Rimac Group. No matter all that. By the time Bugatti's new hybrid debuts next year, eager buyers should be clear on who they'll need to call to place a deposit. Related video:

Matthias Muller officially named VW Group CEO

While the vast number of rumors made it seem like a foregone conclusion, Porsche boss Matthias Muller has officially been named Volkswagen Group CEO to replace the recently resigned Martin Winterkorn. His contract runs through the end of February 2020, and until a replacement is found, Muller also gets to hang onto his old job as chairman of Porsche. At the same time, the VW Group Supervisory Board is announcing a massive structural reorganization across the entire company, with the new management model in place by the beginning of 2016. Contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. The board wants a greater emphasis on brands and regions going forward, and the scale of this shift can be seen in the US. On November 1, VW Group business in the US, Mexico, and Canada is being combined under the leadership of current Skoda chairman Winfried Vahland. However contrary to previous rumors, Michael Horn remains as President and CEO of VW Group of America. Other brands are also seeing some significant changes mechanically. Porsche, Bentley, and Bugatti now fall under the Group's "sportscar and mid-engine toolkit." This means that the brands will start sharing standardized technical parts. A Chief Technical Officer across all of the company's brands will also start working toward future innovations. The new brand-centric view means the end of a group-wide production department. "Going forward, the brands and regions will also have greater independence with regard to production. So it follows that they should also hold the responsibility for these activities," Berthold Huber, interim Chairman of the Supervisory Board, said in the announcement. In a statement with the press release about his promotion, Muller promised to turn the company around after such an international crisis. He said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry." Matthias Muller appointed CEO of the Volkswagen Group Muller remains Chairman of Porsche AG until a successor has been found Matthias Muller (62) has been appointed CEO of Volkswagen AG with immediate effect.