Despite the current struggles at Volkswagen Auto Group, Bugatti will be pushing through with the Veyron's successor. Bugatti executives have confirmed the name Chiron for the brand's upcoming hypercar.

The Chiron gets its name from one of Bugatti's successful motorsport drivers, Loius Chiron. Chiron won raced with a Bugatti Type 35 and Type 51, winning every major Grand Prix in the 20's and 30's.

Upcoming Bugatti Chiron may get toned down styling compared to its virtual counterpart

Bugatti's upcoming hypercar was partially previewed virtually in Gran Turismo 6 and in concept form during the Frankfurt Motor Show in the form of the Bugatti Vision Gran Turismo or Vision GT. For the Vision GT, some elements of the Veyron remain such as the two tone paint, the low-slung profile and the front fascia arrangement. Bugatti had wanted to make the Vision GT to look “unmistakably like a Bugatti”. Up front, LED lights and the classic horseshoe grill dominate the fascia, along with a carbon fiber front splitter and a pair of cannards on each side. Aggressive streaks along the doors also aid in downforce and a long fin on the roof extends to the rear wing.

The rear of the car serves as a carbon fiber wing stand, connected to the bottom of the wheelarch. The bottom of the rear end also houses a wide carbon wing, diffusers and four tailpipes. In tune with the car’s aggressive nature, it simply gets a thin LED strip for tail lights. For its production release, it is likely that the Chiron will lose the aggressive aerodynamic add-ons and will get toned down styling compared to its virtual and concept counterpart. However, a large portion of the design will remain, particularly the dominant center line, the lights and the door configuration.

Order book for the Chiron now at 100 orders, set to debut in Geneva

The company says that the Chiron will be  "the world's most powerful, fastest, most luxurious and most exclusive production super sports car.” Bugatti chief Wolfgang Duerheimer. "Our order book is already well filled,  despite the fact that our customers haven't had the chance to experience the car's fantastic performance yet." adds Duerheimer. The Chiron will be powered by an uprated version of the Veyron's engine. At the moment, the 8.0 liter, W16 quad-turbo engine puts out 1,200 PS and the Chiron is expected to produce more than that.

Bugatti's hypercar will debut in next year's Geneva Auto Show.