Bugatti Veyron 16.4 2008 on 2040-cars

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$4.4M Bugatti Bolide moves down the track and closer to production

Unveiled in 2020, and approved for production a year later, the Bugatti Bolide is one step closer to hitting the track. The automaker just published photos of the car being put through its paces, and it released details about some of features that differentiate it from the Chiron. Writing off the Bolide as a rebodied Chiron would be an oversimplification. While the two cars share an 8.0-liter, quad-turbocharged W16 engine, the list of Bolide-specific parts is long. Bugatti explains that its engineers designed the model around a new carbon fiber monocoque, and they were unfettered by the various rules and regulations that shape modern cars because the Bolide isn't street-legal. It's exclusively a track car. Changes were made to the cooling system, the suspension system, and the transmission; the suspension is notably three times stiffer than the Chiron's, and it includes uniball bearings. Several 3D-printed parts, including titanium rockers, will be used to build it. Even the engine isn't carried over; not quite. In the Bolide, the four turbochargers always provide boost because the 16-cylinder is expected to spend a lot of time at higher revolutions. In comparison, the Chiron uses a sequential setup: The two smaller turbos generate boost at up to 3,800 rpm, and the two bigger units kick in beyond that. The end result is 1,578 horsepower in a car that tips the scale at 3,196 pounds.  Slick tires designed by Michelin put the power to the ground, while a carbon-ceramic braking system keeps it in check. Interestingly, Bugatti designed new calipers that generate and absorb heat to help the brakes warm up as quickly as possible (they're less effective when cold). Bugatti will begin delivering the Bolide in 2024. Production is limited to 40 units, and the model is sold out in spite of a base price pegged at ˆ4 million excluding taxes, which represents approximately $4.39 million at the current conversion rate. If that's too much, or if you missed your chance to buy one, one alternative is a 905-piece Lego Technic kit that stretches about a foot long and that costs about $50. It's too early to tell what's next. We know that the Bolide is one of the last W16-powered Bugatti models along with the Mistral convertible and the final examples of the Chiron.

Watch the Bugatti Chiron go from raw carbon to finished product

The Bugatti Chiron is a beautiful, hand built 16-cylinder luxury cruise missile that is without equal on the road. That's why it can command a price of nearly $2.7 million. While the Chiron may only be in reach to the 1 percent of the 1 percent, it's a price some are more than willing to pay. The first customer cars are now rolling out the doors at Bugatti's Molsheim, France, facility. The first three will soon be reaching customer hands in Europe and the Middle East. Each car is hand assembled by a team of about 50 production, quality assurance, and logistics team members in France. The video above shows the first three cars being built, from a bare carbon tub being mated to that massive 1,500 horsepower quad-turbocharged W16 engine to the finished product making its way out the door. Bugatti expects to build about 70 cars this year alone, meaning each car takes roughly 5 full days to assemble. While the first three cars have been or are being delivered now, a fourth will be on display next week at the Geneva Motor Show. About 200 customers put in orders after the car's reveal last year, so the Molsheim team will be busy for the next several years. Look for more colors and special editions to trickle out as time goes on. Related Video: News Source: Bugatti Design/Style Misc. Auto Shows Bugatti Performance Supercars Videos hypercar Bugatti Chiron

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