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Volkswagen's
latest product probably won't be very good on gas and it has
a rather high price tag. But that hasn't stopped a handful
of people from putting down payments on the car before
production started earlier this month.
Each Bugatti Veyron 16.4 will cost an estimated $1.24
million, according to media reports. For that, buyers will
get an all-wheel-drive two-seat sports car with a
lightweight carbon-fiber body and 16-cylinder engine capable
of producing 1,001 horsepower.
VW purchased the Bugatti name in 1998, according to a report
in the industry newspaper Automotive News Europe, and
introduced a concept version of the Veyron at the Tokyo auto
show the following year.
It has taken the intervening six years to perfect the car,
according to the Automotive News report and others, and
there had been doubts that the car would ever actually be
sold. In a 2003 public debut at Laguna Seca Raceway in
California, a prototype Veyron spun out of control.
In 2003, according to Automotive News, the car still
suffered from two major problems: The enormous engine tended
to overheat and the car, capable of a top speed of well in
excess of 200 miles per hour, was unstable at high speeds.
Several reports have placed the car's top speed at about 250
miles per hour.
The Bugatti name originated with a company that built
high-performance cars from 1910 to 1956. Bugatti now
operates in the same Alsace region, now part of France, in
which the original Bugattis were made.
