A new report indicates Bugatti's Veyron successor will receive the "Chiron" nameplate.

A new report indicates Bugatti's Veyron successor will receive the "Chiron" nameplate.

It was 1999 at the Frankfurt Motor Show when Bugatti introduced the 18/3 Chiron designed by Fabrizio Giugiaro from Italdesign and apparently the name will be making a comeback next year when the Veyron successor will be launched. The moniker is most likely a reference to Bugatti racing driver Louis Alexandre Chiron (1899 - 1979).

Confirmed details about the new Bugatti are not available at this point but it is believed the model will stick with the Veyron's massive W16 8.0-liter engine with four turbochargers. However, in the "Chiron" it’s expected to work together with an electric motor to create a hybrid system capable of developing around 1,500 PS (1,103 kW) which should be enough for a rumored 270 mph (435 km/h) top speed.

Just like the Veyron, only 450 units will be built of the "piece of art" as described by VW Group's design chief Walter de Silva who also says they have put "a lot of effort in the technology" to develop a supercar that will "redefine the benchmarks."

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