Bugatti Automobiles S.A.S. designs, engineers, manufactures and distributes high-performance, luxury automobiles. Bugatti's headquarters and assembly plant are located in Molsheim, France. Volkswagen AG purchased the Bugatti trademark in June 1998 and incorporated Bugatti Automobiles S.A.S. in 1999. Bugatti presented several concept cars between 1998 and 2000 before commencing development of its first production model, the Veyron 16.4, delivering the first Veyron to a customer in 2005. The company is currently developing its next production car model, the 16C Galibier, which is expected to go on sale in 2015.