Bugatti was a French car manufacturer of high-performance automobiles, founded in 1909 in German city of Molsheim, by the Italian industrial designer Ettore Bugatti. The cars were known for their design beauty and for their many race victories. The death of Ettore Bugatti in 1947 proved to be the end for the marque, and the death of his son Jean Bugatti in 1939 ensured there was not a successor to lead the factory. No more than about 8,000 cars were made. The company struggled financially, and released one last model in the 1950s, before eventually being purchased for its airplane parts business in 1963. In the 1990s, an Italian entrepreneur revived it as a builder of limited production exclusive sports cars. Today, the name is owned by the Volkswagen Group.