Rare Bugatti Veyron for sale in London

Updated 30 January 2016
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Rare Bugatti Veyron for sale in London

H.R. Owen, the only official UK dealer for Bugatti, is offering for sale the world’s fastest roadster, the Bugatti Veyron Grand Sport Vitesse World Record Edition.
The car has one previous owner and a low mileage.
The eye-catching black and orange car is currently available for viewing at the dealership in Berkeley Square branch.
The open-top example up for sale at H. R. Owen is finished in Black Carbon Fiber, with Orange painted Arancia Carbon Fiber details.
The black and orange theme continues inside, with black and orange leather combining with Arancia Mira Alcantara.
The color scheme was conceived for the car’s record-breaking speed attempt, which took place in April 2013 when it reached a speed of 254.04mph (408.84km/h).
This run made the 1200PS (1184bhp) car officially the world’s fastest open top car.
No price is disclosed for this unique car.


Price cuts drive sales of Saudi-owned electric car

Updated 09 July 2024
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Price cuts drive sales of Saudi-owned electric car

  • Lucid delivers more vehicles than expected as it prepares to launch luxury new Gravity SUV

RIYADH: The majority Saudi-owned electric car maker Lucid delivered more vehicles than expected in the past three months as price cuts helped boost demand.
The company delivered 2,394 cars from April to June 30, above analysts’ predictions of 1,940.

Lucid produced 3,838 vehicles in the first six months of 2024 and needs to make more than 5,162 cars by end of the year to meet its annual output forecast of 9,000. It made 8,428 cars in 2023.
“I think at this point everything is shaping for them to achieve that,” said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Lucid will produce and deliver more cars in the second half of the year because of the usual seasonal effects on the industry, he said.

Demand for electric vehicles has grown more slowly than expected pace in the past year, under pressure from high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives.
Lucid and the market leader Tesla have responded by slashing prices and offering incentives such as cheaper financing options. Lucid, which is 60-per-cent owned by the Public Investment Fund, the Kingdom’s sovereign wealth fund, cut the price of its flagship Air model by 10 percent in February.
Its new Gravity SUV model, a rival for Tesla's Model X, goes into production this year and will cost about $80,000.