Pursuits
Bugatti, Ferraris Sell Out as Luxury Roars Back
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Bugatti, Volkswagen AG’s supercar brand, and Fiat SpA’s Ferrari have sold out of their most expensive models as demand for luxury vehicles roars back.
All five of Bugatti’s 1.95 million-euro ($2.7 million) World Record, the globe’s fastest serial-production car, have been reserved. Chief Executive Officer Franz-Josef Paefgen showed the car, which has a top speed of 415 kilometers (258 miles) per hour, at the Paris Auto Show this week.