chaos

Spyros Panopoulos Chaos is a rocket posing as $14M ‘ultra car’

Spyros Panopoulos Automotive has hit nearly all the prime touchstones in the hypercar genre. The car’s got a wild name: Chaos. It’s got grand, abstract trims: Chaos Earth, and Chaos Zero Gravity. It’s got wild horsepower: either 2,049 horses in Earth guise or 3,065 in Zero Gravity form. It’s got components made from expensive and exotic materials, like 3D-printed titanium and Zylon. The performance claims are monumental: zero to 62 mph in 1.55 seconds for the Zero Gravity, 62 to 124 mph in another 1.7 seconds, and a top speed beyond 310 miles per hour. But the first of three unexpected derivations from the hypercar game are the Chaos’ country of origin: Athens, Greece, a completely in-house product of Panopoulos Automotive, which apparently produces specialized parts for exotic production cars. The second is its price, either 5.5 million euros ($6.3M U.S.) for the Earth, and 12.4 million euros ($14.1M

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Greece’s 3,000-Horsepower Chaos Is an ‘Ultra Car’

The Chaos will reportedly use lightweight materials to achieve its insane performance.


(SP Automotive photo)

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The idea of a state-of-the-art supercar coming out of Greece—a country with no significant motor vehicle heritage—isn’t that surprising, because we have a precedent: Rimac. Rimac is at the cutting-edge of electric vehicle innovation; is building the Nevera hypercar; has significant Porsche investment; and recently merged with the storied Bugatti brand. It’s based in Croatia. 

The two companies are quite different, but are known for engineering excellence. Spyros Panopoulos (SP) Automotive has a reputation for making fast cars go faster—much faster. The 43-year-old Panopoulos created a 2,000-horsepower Lamborghini, and a Mitsubishi Lancer Evolution 9 with 2,880 horsepower that, in Abu Dhabi in 2019, completed a quarter mile in 7.7 seconds. His two-seat
Chaos
“ultra car,” to be unveiled in early November, is no less intimidating. 

According to the company website, it’s

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How a perfect storm of shortages and rental car chaos sent used-car prices skyrocketing

Cars sit outside a used car dealership with spray paint on the windows advertising the vehicles.

Used car and truck dealers have bought models for more than their original sticker price. Jim Watson / AFP via Getty Images

  • Used-car prices have skyrocketed over the last year.

  • A supply crunch in new cars is spurring demand for used models.

  • Prices may not return to normal for at least a year, one expert told Insider.

  • See more stories on Insider’s business page.

If you’re looking to get a sweet deal on a used car to take advantage of the warm summer weather, it’s not going to happen.

The market for secondhand cars is absurdly and unprecedentedly hot right now. Used vehicles went for a whopping 40% more in June than they did before the pandemic in February of 2020, according to data from JPMorgan.

The average nine-year-old car changed hands for $13,250 in June, according to automotive research site Edmunds. That’s a 30% hike over the same

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