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Bugatti Chiron Pur Sport: born to speed (and drift) through the twisties

Bugatti made automotive history in 2019 when it built a long-tail variant of the Chiron that was still accelerating when it smashed through the 300-mph barrier. With the speed record broken and set, the French company wants to prove it also knows a thing or two about handling with a new Chiron version named Pur Sport. "It's a lot of little details that add up to a very different driving experience. You immediately feel the car is nimbler and more agile," explained Frank Heyl, the company's deputy design director, in an interview with Autoblog. Heyl's team worked directly with Bugatti's engineering department to create a front fascia with wider air intakes, a redesigned splitter, and a bigger grille. Out back, it's impossible to miss the 74-inch long wing that unlocks quicker cornering speeds by adding downforce. Below it, a pair of exhaust tips 3D-printed in titanium are integrated into a taller air diffuser made with carbon fiber. There's no way to miss the Pur Sport if it passes you on the highway. The rear wing is fixed, and its mounts form an X-shaped insert. Heyl told us Bugatti deliberately sent the Chiron's hydraulically-operated spoiler back to the parts bin to save as much weight as possible. It shaved a total of 110 pounds, which is far more impressive than it sounds. "You have to consider this: we've done everything we could to save weight on the base Chiron. We've put the most expensive materials inside this car, and used the most expensive solutions already. To gain another [110 pounds] was quite a challenge," he pointed out. The wheels received attention, too, and we're not just talking about the design or the -2.5 camber angle. "[The two rings] suck air from the inside of the wheel to the outside, which creates downforce and improves the brake cooling by increasing airflow through the wheel," Heyl explained. The 20-inch front and 21-inch rear wheels are made of magnesium to reduce unsprung mass by 35 pounds, and they're wrapped by Bugatti-exclusive Michelin Sport Cup 2 R tires manufactured with a stickier compound. All told, the tweaks made at the Chiron's four corners increase its lateral acceleration by 10%. Heyl's equation is beginning to add up. Alcantara upholstery largely replaces leather in the cabin. It's lighter, and it does a better job of ensuring the driver's butt doesn't slide around when racing up a mountain road.

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

Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video: