As the number of Americans struggling financially approaches a five-year high, national concerns around inflation do not affect the consumer behavior of the mega-rich. In fact, Bugatti sold its new $5 million Mistral roadster even before the cars were unveiled.
Bugatti Rimac CEO Mate Rimac told CNBC on Wednesday that the manufacturer has announced the supercar—which is being promoted as Bugatti’s last nonelectric vehicle—in all 99 models produced by the time it was released to the public on Friday. was sold from
“We don’t see any slowdown at the moment, quite the opposite,” Rimac said. “With Bugatti, we are well sold in 2025. So even if [recession] There are a few years, we will come out of this even stronger.”
The boom that Bugatti has seen ahead of its launch at Monterey Car Week, according to a poll conducted by Monmouth University in late June, is that more than 4 in 10 Americans say they struggle to stay there financially. are doing. It marked the first time that the figure has topped 3 in 10 Americans since pollsters began asking questions five years ago.
Among the respondents, a third described inflation as the biggest concern facing their families.
“As you might expect, economic concerns top the list of family concerns, but the only effect of inflation is really on the home,” said Patrick Murray, director of the Monmouth University Polling Institute. July 5 press release.
Even Rimac said it was “a bit surprised” that the new Bugattis sold out so quickly, given that the largest number of buyers are from the US. The latest model will be the last non-electric Bugatti before the manufacturer shifts to hybrid and electric vehicles.
Speaking about the process of manufacturing electric vehicles, Rimac said that the biggest hurdle for the company is adequate raw material and supply chain.
“I don’t think the right way to do this is to convert one for an electric car to one like a combustion engine car, because we’re only using them about three percent of the time,” he said. “Most people, don’t necessarily really want to own a car if there’s a more convenient, safer option that gets you from point A to point B.”
Although President Joe Biden won a major partisan victory this month with the passage of the Inflation Reduction Act, a majority of voters said they don’t think the law will actually do anything to reduce rising costs.
A poll conducted last week by Morning Consult found that 57 percent of voters expect the package to have no effect, or even worsen, inflation nationwide. Less than a quarter said the Inflation Reduction Act would improve inflation.
Credit: www.newsweek.com /