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Volkswagen building budget car family planned for China in 2018

Volkswagen has publicly pondered a low-cost car for China, something akin to Nissan's Datsun revival in Southeast Asia, for at least three years. In 2013 it tapped Chinese partner FAW to help develop an entire budget brand, with plans to have something on the market in 2016 in the 6,000- to 8,000-euro range. About a year ago, VW said it couldn't figure out how to engineer an inexpensive car that didn't run counter to the brand's values, then three weeks later said it had overcome the issues. Reuters now reports that VW CEO Martin Winterkorn told German newspaper Bild am Sonntag, "We will bring a budget-car family to market in 2018, with an SUV, saloon and hatchback." Winterkorn didn't offer any other details like who VW would work with to build it - VW has partnerships with both FAW and SAIC, but the announcement will be welcomed by the brand's Chinese outpost. When this adventure started, VW said it was working to create a model that would cost 6,000 to 8,000 euro. That estimate has increased. Winterkorn is now saying the 2018 offerings will come in between 8,000 and 11,000 euro. In a straight euro-to-yuan conversion, that would equate to Chinese pricing of 56,000 to 77,000 yuan. For comparison, the New Polo with a 1.4-liter engine and a manual transmission starts at 85,900 yuan. Perhaps with an eye on the success of the Nissan-Renault sub-brand Dacia in Europe and emerging markets, Winterkorn told Bild, "We will see if this is something of interest for other markets as well." On the opposite end of the price/performance spectrum, Winterkorn also said that VW is working on two new models for Bugatti, one powered by a traditional gasoline engine and another with some sort of hybrid setup. The latter model would reportedly be the higher-performing of the two, though it's not clear whether there would be two vehicle lines or two versions of the same vehicle. As ever, as soon as we know more, so will you.

1,600-hp Bugatti Mistral roadster marks the end of the line for the W16 engine

Bugatti's mighty W16 engine will retire in the coming years, but it's not sailing off into the sunset quietly. It will power one final street-legal car: a roadster named Mistral that stands proud as the first convertible of the Chiron era. Built due to customer demand, the Bugatti Mistral is a striking, limited-edition model that looks ready to add another speed record to the French firm's trophy case. I sat down with some of the people who created it, including Bugatti design director Achim Anscheidt and head of design Frank Heyl, to get the droptop's full story. "For the final road-going appearance of Bugatti’s legendary W16 engine, we knew we had to create a roadster. Well over 40% of all Bugatti vehicles ever created have been open-top in design," said Bugatti-Rimac CEO Mate Rimac. Heyl added that customers "begged" Bugatti to create a Chiron-derived convertible, and that granting them this wish was a "bucket-list" item for the members of his team. Power for the Mistral comes from the same 8.0-liter, quad-turbocharged 16-cylinder engine that propelled the Chiron Super Sport 300+ to a record-breaking 304.773 mph in 2019. It's rated at 1,600 horsepower, and it spins the four wheels via a seven-speed dual-clutch automatic transmission. Bugatti estimates that the Mistral's top speed will check in at approximately 261 mph (420 kph). Will this number get verified? Hell, yes! "There can only be one goal in mind: to become the fastest roadster in the world once more," Bugatti pledged in a statement. While the Mistral is Chiron-based, Bugatti made several important structural changes to offset the inevitable loss of structural rigidity caused by chopping off the roof. Heyl explained that the monocoque's sills and transmission tunnel were reinforced and that the a- and b-pillar structures are new, though the front crash structure is the same. And, the two models intentionally share no exterior styling cues. "We had the pressure of creating something that is precious and valuable in a car collector's garage. It's not just a fashion statement: 'Oh, let's do a roadster!' Or, even worse, 'Let's take a Chiron and just cut it open,' which would have looked terrible. This burdens us with the responsibility that this is the last of its kind of that generation and how that's going to sit in those collections," Anscheidt told Autoblog.

Trial of man whose Bugatti Veyron went in the drink mysteriously delayed [w/video]

The mysterious case of the drowned Bugatti Veyron has taken another turn toward the strange.
Before we get too far ahead of ourselves, let's bring you up to speed: Andy House, who owns an exotic car repair shop called Performance Auto Sales, crashed his Veyron into a lagoon in Texas after allegedly being distracted by a low-flying pelican... or something. Naturally, House turned a claim into his insurance company for the totaled supercar to the tune of $2.2 million, which is likely more than the car is actually worth.
Shortly thereafter, video surfaced of the crash, with nary a distraction in sight. The next makes-you-go-hmm moment occured when reports surfaced of a new Veyron, along with a pair of Lamborghini coupes and a Porsche 911 GT3, landing in House's garage. The estimated cost of these supercars, according to Jalopnik, is $2.2 million. All of this made Philadelphia Indemnity Insurance Company's insurance fraud lawsuit in 2011 - two years after the incident - come as little surprise.