Manufacturer of high-performance cars founded in Molsheim, Alsace, in 1909 (7)

I believe the answer is:

bugatti

(Other definitions for bugatti that I've seen before include "Ettore -, It. racing car designer" , "Classic French car firm" , "Twentieth century Italian sports-car company" , "(Of horse) being used for breeding" , "Classic Italian car firm" .)

I've seen this clue in The Independent.

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