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Final Bugatti Veyron 16.4 spoken for

If you've always wanted a new Bugatti, you'll have to settle for the Grand Sport: All 300 cars in the Bugatti Veyron 16.4 model run have found homes, the last one having been ordered by a European customer who will take delivery next autumn. The Veyron came to life in concept form at the Tokyo motor show a year after the Volkswagen Group bought the rights to the Bugatti name in 1998. The Veyron was the first production car to have a full carbon-fiber monocoque, and its 8.0-liter W16 engine produced 1,001 hp and 922 lb-ft of torque, mated to a seven-speed twin-clutch gearbox.

New Peugeot 208 production cut as sales disappoint

Peugeot is cutting back on production of the new 208 as its sales fail to reach expectations, just six months on from launch. It’s not enough when Europe is ion the midst of an economic crisis and car buyers are polarised between ‘budget’ cars that offer more for less than mainstream offerings and ‘Premium’ models that are bought on the back of a preconceived notion of more kudos. That leaves car makers like Peugeot (and Renault, Citroen, Vauxhall, Ford, Opel, Fiat…) between a rock and a hard place, unable – or unwilling – to compete with the offerings from Korea and saddled with a brand that doesn’t have the ‘class’ of an Audi or a BMW or a Mercedes or even a VW.

Honda to leave F1

The rumour mill is working overtime on everything cars at the moment. But this story seems to be for real. Honda is set to announce that its Formula 1 Team is to be put up for sale with immediate effect, and if no buyer materialises then it intends pulling out of the new Formula 1 season due to start in March 2009.