2008 Bugatti Veyron on 2040-cars

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Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.

Bugatti 'Blue Dream' plane being replicated with Kickstarter help [w/video]

Ettore Bugatti, the automobile designer behind the Automobiles E. Bugatti nameplate, was famed for his engine and vehicle designs. Yet few realize that the Frenchman also worked on a spectacular twin-engine racing aircraft, intended to compete in the 1939 Deutsch de la Meurthe Cup Race, called the 100P. Designed by Louis de Monge, the low wing monoplane featured two engines, both mounted aft of the pilot (nearly end-to-end), driving twin counter rotating propellers through long drive shafts. To achieve its maximum speed, estimated at nearly 550 miles per hour, it was fitted with two powerful inline eight-cylinder engines each making about 450 horsepower.
Sadly, the plane never took flight. Instead, the one-of-a-kind aircraft spent World War II slowly rotting in a French barn, hidden from the Germans. Restored today, but not in flying condition, Bugatti's original 100P sits in the Airventure Museum in Oshkosh, WI.
Seven decades after the original mostly balsa and hardwood aircraft was locked away, businessman Scotty Wilson is leading a team (including Louis de Monge's great-nephew, Lasislas de Monge) intent on seeing an exact replica of Bugatti's 100P "Blue Dream" take to the sky. And that is where Kickstarter comes into play...

Bugatti Chiron spied on video in tight spot

Pictures are good. Video is better. That's especially true when we're talking about something like the successor to the Bugatti Veyron. Rumored to be called the Chiron, the new vehicle looks to share a lot of its styling with the French company's Vision Gran Turismo car. In this video, captured by our friends at Germany's Auto Bild, you can see a pair of Chiron prototypes. The first gives us a good look at the ultra-hypercar's tail, which doesn't even try to hide its aerodynamic aids, unlike the far cleaner lines of the Veyron. There's a huge diffuser and a prominent rear wing, although neither item is as extreme as the Vision GT car. The taillights also look to be far more conventional, unlike the thin, vehicle-spanning strip shown on the concept. After this quick peek at the rear of the new Bug, the camera pans over to a second prototype exiting an extremely tight situation, as it sneaks between a stone wall and a lumber hauler. It's a small enough gap that the Chiron requires a spotter to get through unscathed, and the slow speed required to safely get through gives us an extra-long look at the new coupe. We can also clearly see the horseshoe-shaped traditional Bugatti grille and slim, menacing headlights with LED running lights. You can also see elements of the Vision Gran Turismo's hood, which still comes to a point around the grille. It's less aggressive – no shock there – but it still gives a purposeful look to the front fascia. Unfortunately, the video ends before we can get a look at the sides of the new Bugatti. Check out the short, 13-second video at the top of the page. News Source: Auto Bild TV via YouTube Spy Photos Bugatti Coupe Racing Vehicles Performance Videos Bugatti Chiron bugatti veyron successor