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Trump reportedly says he wants to wipe German cars off the U.S. map

BERLIN/FRANKFURT — A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York's Fifth Avenue dented shares in the luxury car manufacturers on Thursday. An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington. The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report. The Trump administration last week opened a so-called Section 232 trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March. This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States. BMW owns Rolls-Royce, while Daimler has Mercedes-Benz, and Volkswagen controls Bentley, Bugatti, Porsche and Audi. Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment. BMW shares were trading 0.5 percent lower at 0939 GMT, while Daimler and VW's shares were down 1 percent and 1.6 percent respectively, underperforming Germany's blue-chip DAX. Trump has railed against German carmakers before. And in early 2017, in an interview with German newspaper Bild, he said he would impose 35 percent tariffs on imported cars. At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street. Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros in 2016. Imports from the United States to Germany amounted to 7.4 billion euros, meaning a trade deficit of 23.8 billion euros the VDA's latest available figures show. However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers. Berlin has reacted angrily to the U.S.

New images show Bugatti's 1,824-hp Bolide track car in real life

Bugatti introduced a one-off track car named Bolide in October 2020, but the images it sent us were computed-generated renderings. It released a batch of fresh photos that finally show the model in real life. In a normal year, there is a good chance we would have caught up with the latest addition to the Bugatti family tree at an auto show on either side of the pond. 2020 is different because all of the events we normally cover are canceled, so the images give us a much-welcomed second look at the Bolide. It's just as stunning in photos as it is in the computer-generated graphics, and the new gallery proves this track monster is not merely a figment of some designer's imagination. It exists, you can look at it and sit in it. Odds are you'll want to drive it, too. It's built around a quad-turbocharged, 8.0-liter W16 that's related to the engine that powers the Chiron and tuned to develop 1,824 horsepower when it's slurping 110-octane race fuel. While that's an impressive figure on its own, it's even more mind-boggling when you take into account the Bolide's 2,734-pound dry weight. It weighs about 166 pounds less than the new, second-generation 2022 Subaru BRZ yet it has eight times the power. Nils Sajonz, Bugatti's recently-appointed head of special projects, shed light on one of the Bolide's design themes. He explained the x-shaped lights on both ends are a reference to the tape that race car drivers used to put over their headlights to ensure the glass didn't spread on the tarmac if it broke. Racing is a significant part of the Bugatti heritage, cars like the Type 35 were hugely successful, and the Bolide is the newest torch bearer. Will it race? It's too early to tell. As of writing, it's a one-off model that hasn't been approved for production. Bugatti notes that simulation testing reveals the Bolide can lap the Nurburgring in 5:23:01, a figure that makes it nearly as fast as the record-holding Porsche 919 Hybrid, and it takes 3:07:01 to go around Le Mans. The firm is done chasing speed records, but we're hoping it gives the Bolide the chance to prove its mettle on the track.

1931 Bugatti Type 56 Quick Spin | Not the Bug you'd expect

Bugatti stores a handful of historically significant cars in a picturesque building located a stone's throw from its factory. One doesn't blend in with the rest of the collection. It's a small, yellow and black two-seater named Type 56 that looks more like a horseless carriage than a grand prix-winning machine. It wasn't designed to race. Ettore Bugatti, the company's founder, built the electric runabout in 1931 to drive on his property. Why choose to go electric? It doesn't require an immense leap of imagination to picture Bugatti poetically wafting around his estate in a decommissioned race car. The answer likely lies in ease of use. In the 1930s, it took considerably less effort to start an electric car than one equipped with a gasoline-powered engine. Size might be another factor in this equation. The Type 56 is visibly shorter and narrower than a Smart Fortwo, so it squeezes through narrow passageways with ease and boasts a tight turning radius. Julius Kruta, Bugatti's head of tradition, showed us how to operate it. The driver sits on the right side of the bench seat and uses his left hand to turn the front wheels with a boat-like tiller. From there, the Type 56 becomes remarkably straight-forward to drive; it's not as daunting as it appears to be at first glance. After releasing the parking brake, getting the car into gear requires pushing down on a foot-actuated, spring-loaded lock and using the shorter of the two levers that stick out from the wood floor to take the car out of park and choose forward or reverse. The taller lever selects one of the four gears, which are all available in both directions of travel. Power comes from an electric motor mounted directly over the rear axle. It's derived from (but not identical to) the starter motor used in some of Bugatti's bigger cars. It makes a single horsepower, which represents little more than a rounding error on the Chiron's specifications sheet. Batteries hidden under the seat cushion zap the motor into action for up to 40 minutes. Charging them takes a couple of hours. The 770-pound Type 56 has a top speed of roughly 20 mph. It was fully street-legal when it was new. It kept up with horse-drawn carriages and many of the similarly-sized runabouts zig-zagging through the region at the time. Letting it loose in today's traffic would mean risking death by crossover.