Volkswagen bought the Bugatti name in 1998 and showed the Veyron as a concept car as long ago as 2000. But turning the car into production reality has proved difficult, especially given the performance targets VW set for the vehicle.
VW promised the car would have a top speed of 400 km/h (250 mph) and the fastest 0-to-60-mph speed of any production car, but achieving this safely has been quite a task. The power plant to achieve this is an 8.0-liter W16 engine developing a breathtaking 987 horsepower; it will reach 60 mph in "well under 3 seconds," according to insiders.
Such exclusive performance is accompanied by an exclusive price tag. The Veyron will cost around $1.3 million, and only 50 Veyrons will be built.
The car is all-new; it has no carryover from the previous Bugatti — the EB110 produced between 1991 and 1995 when entrepreneur Romano Artioli owned the company. And the Veyron will be built at a new factory at Molsheim in the Alsace region of France, the town where Ettore Bugatti founded the original Bugatti company and where he is buried.
What this means to you: It's a long time coming, but they finally did it. And you don't need to be an auto journalist to know what this means. In short: 'Did that say 0-to-60 mph in under 3 seconds? Are you freaking kidding me?'

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