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Bugatti Divo revealed, all 40 are already spoken for

After numerous teasers, the Bugatti Divo has finally been revealed. I will thus take this opportunity to type "whip it good," mention funny red conical hats and move onto something only slightly less ridiculous. The Divo cost ˆ5 million each for the 40 people who have already purchased the limited production run. So sorry, you missed your chance. The Bugatti Divo is quite obviously based on the Chiron. Though it shares that car's 8.0-liter W16 engine, it is 77 pounds lighter and is capable of producing 198 extra pounds of downforce. Basically, while the Chiron is all about top speed, the Divo is more about taking corners. To that end, its lateral g is said to be 1.6 g, which is a staggering number, and its maximum speed is limited to only 236 mph. "To date, a modern Bugatti has represented a perfect balance between high performance, straight-line dynamics and luxurious comfort," said Bugatti president Stephan Winkelmann. "Within our possibilities, we have shifted the balance in the case of the Divo further towards lateral acceleration, agility and cornering. The Divo is made for bends." The newer, wider front spoiler contributes to that extra downforce, along with a new rear diffuser and a 23-percent wider rear spoiler that remains automatically height adjustable and still functions as an airbrake. It's a whopping 6 feet wide. Tweaks up front also create an "air curtain" that optimizes air flow along the Divo's sides. Besides creating extra downforce, aerodynamic changes also increase cooling to the engine and brakes. The Divo also gets special suspension and steering settings to maximize handling. That includes increasing camber. Weight was reduced by using lighter wheels and a carbon fiber intercooler cover, along with a reduction in sound insulation, a lighter sound system and fixing the otherwise adjustable front diffuser flaps. According to Bugatti, the resulting changes result in the Divo lapping the Nardo handling circuit 8 seconds faster than the Chiron can. Its 40 owners are sure to be super impressed by that. Like the Veyron and Chiron, the Divo is named after a driver from the early years of car racing. Specifically, Albert Divo, the two-time winner of the Targa Florio in the 1920s. He did not look like this. Related Video:

Bugatti reveals the final version of the one-off La Voiture Noire

Bugatti is ready to deliver the La Voiture Noire, a one-of-a-kind model introduced at the 2019 edition of the Geneva auto show. Based on the Chiron, the coachbuilt coupe meets the same quality standards as a series-produced car. Making the La Voiture Noire a reality took two years because it underwent a long list of tests before Bugatti signed it off. As we've previously reported, it was blasted with thousands of gallons of water to ensure it's watertight and was driven flat-out on a track, among other evaluations. Over 65,000 engineering hours were invested into the project, a number that underlines the significant differences between the La Voiture Noire and the Chiron it's related to. And yet, Bugatti managed to keep the show car's lines and finer design details intact during development. While the quad-turbocharged, 1,479-horsepower 8.0-liter W16 engine comes from the Chiron, all of the carbon fiber exterior panels are new and the wheelbase is slightly longer. Bugatti also notes each headlight features 25 individually-milled elements, and that the grille was 3D-printed. Overall, the La Voiture Noire wears a purer, more touring-oriented design than the aforementioned Chiron and the Divo. It's not fitted with a rear wing, for example. Interior photos haven't been released, but we're told the seats are upholstered in Havana Brown leather. It creates a classic ambience that matches the turned aluminum inlays scattered across the cabin, like on the center console. There is but a single example of the La Voiture Noire, and Bugatti's not taking bids. The coupe is already sold to an anonymous collector, who paid 11 million euros (about $13.4 million at the current conversion rate) for it before taxes enter the equation. Time will tell if the new owner reveals his or her identity, drives the car, or keeps it tucked away in a private collection. In the meantime, the French firm will work on bringing the Centodieci to production. Perhaps inspired by Bugatti's success, some of the other luxury carmakers have started breathing new life into the long-lost tradition of coachbuilding during the past few years. Rolls-Royce notably created a yacht-inspired, one-of-a-kind convertible called Boat Tail for an anonymous couple that reportedly paid approximately $28 million for it. What's in a name? La Voiture Noire literally translates to "The Black Car" in French. It's entirely black, but there's more to it than paint and trim.

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