Bugatti unveils the world’s most expensive new car

Even before the car was unveiled to the public at the Geneva Motor Show, Bugatti’s La Voiture Noire, meaning “The Black Car,” had already been sold for an astounding US$12.3 million plus another $6.4 million in taxes and fees. The car is a modern version of the classic Bugatti Type 57, designed by founder Ettore Bugatti’s son, Jean, in the 1930s and 40s. The Bugatti Type 57 is so rare that only four cars were ever made between 1936 and 1938. This new version of the car, however, was designed as a one-off to celebrate the French brand’s 110th anniversary.