C0703 Bugatti Veyron is defined as Camshaft Position Sensor A Circuit Low. This means the CMP (camshaft position) sensor circuit on engine bank 1 sends an irregular reading. There are two wires dedicated for each coil; one is battery feed which usually comes from the distribution center, and the other one for the coil driver circuit from the PCM. The PCM grounds or ungrounds the circuit to activate or deactivate the coil.
Possible Causes :
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Look for missing ground strap or a rusty ground where the fuel tank is grounded to the frame. Check for damage to the wiring harness connector. You might continue by connecting the scanner to the vehicle diagnostic connector and retrieving all stored codes and freeze frame data. Replace the oxygen sensor that is downstream from the catalytic converter on the side of the engine that does not contain cylinder #1. Also, if a oxygen sensor code stating "heater circuit malfunction" the sensor has most probably failed.
Diagnostic trouble code C0703 Bugatti Veyron is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before C0703 Bugatti Veyron.
Fortunately, C0703 Bugatti Veyron is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.