Ettore Bugatti News
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Think twice before you invest in a classic car, says the man who bought a Bugatti for more than $30 million.
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Car dealers who are in Paris for sales of Porsche and Aston Martin classics have revealed that a Ferrari was bought this year for about $32 million.
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Bugatti, the maker of the world’s fastest production car, developed a 1.65 million-euro ($2.4 million) special edition of the Veyron Grand Sport model with porcelain accents, including a caviar tray.
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Bugatti, the maker of the world’s fastest production car, has won backing from parent Volkswagen AG to build the 16C Galibier sedan, adding a four-door model to its lineup, two people familiar with the matter said.
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A 1930s Bugatti has sold for about $30 million to become the world’s most expensive car -- with dealers predicting more records as billionaires look for alternatives to risky financial investments.
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Peter Mullin , owner of one of the world’s largest private collections of classic French automobiles, points to a 1935 Hispano-Suiza J12 Cabriolet sitting among 60 other cars in his museum in Southern California.
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Car collectors are paying record sums--such as about $30 million for a Bugatti in May--for these objects of affection.
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Vrrrrooom! Vrrrrooom!
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