2012 Bugatti Veyron on 2040-cars

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Watch the first Bugatti Chiron media ride-along

Bugatti has been ramping appearances for its new Chiron hypercar since it debuted earlier this year at Geneva. Last weekend, during the Nurburgring 24, that meant giving out the very first media ride-along. Our friends at CarThrottle got to go for a spin around the Nurburgring in the 1,500-horsepower Chiron, and their chauffeur was none other than Bugatti CEO Wolfgang Durheimer. The 13-minute video covers plenty about the new car before climbing into the cabin with Durheimer, who talks through the start procedure and the detailed controls on the steering wheel. He also talks top speed, telling CarThrottle that the Chiron's Guinness World Record attempt won't come until 2018. We're going to be waiting a bit. After a lengthy chat, the pair set out on the track, escorted by a Bentley Bentayga. But at Bergwerk, Durheimer opens a gap and proceeds to punch it. Hard. It's difficult to comprehend the acceleration from watching a video, but hearing the angry whistle of the four turbochargers and the brutal upshifts give a sense of how much power is being deployed. Needless to say, he has no trouble catching up to the Bentley. Later on, Durheimer runs the Chiron up to around 200 miles per hour on the Dottinger Hohe straight. Related Video:

Special Edition Bugatti Veyron 16.4 Grand Sport Vitesse sells for $2.5 million

Speculative investors should have held off on purchasing Facebook stock. Instead, they would have been wiser pooling resources for the Special Edition Bugatti Veyron 16.4 Grand Sport Vitesse. The one-off supercar, with an asking price of $2.5 million, was shown at "The Quail: A Motorsports Gathering" at Pebble Beach over the weekend... and it was sold to an unnamed buyer before the ink on its seven-digit sticker had dried.
While a standard Vitesse will set someone back about $2.2 million, the Special Edition's $300,000 premium bought a host of cosmetic enhancements (the 1,200-horsepower quad-turbo W16 remains untouched) including a paint job specially prepared as a tribute to the 1928 Type 37A. The top half of the aluminum body is painted in Bianco while the lower half is New Light Blue. Inside the two-place cabin is custom-tailored Cognac leather with contrasting New Light Blue stitching, blue accents in the door handles and map pockets. Pictures don't do it justice.
Before you question a cosmetic upgrade costing more than the average new home, there are a few things to take into consideration. First, Bugatti has had no trouble selling more than 300 Veyrons to date, and as far as we can tell there has been zero depreciation on the secondary market for special one-off models. Second, there are less than 80 build slots left before production stops on what will eventually be considered one of the most extraordinary supercars of its era (and the Vitesse is a the top of the model range). Lastly, consider the interesting backstory about this particular white and blue vehicle.

Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen