Image Credit: BugattiA massive market rotation in the world of combustion-powered cars is leaving what many call "boomer cars" in the dust, as there seems to be a new supercar bubble. The expected rise of the electric sports cars simply hasn't taken place, and new interest in modern performance cars means real classics are being left in the dust.A report from CNBC Fast Money shed light on the matter and pinpointed how Bugatti, since being taken over by Mate Rimac, has pivoted towards hybrid supercars rather than electric ones. Rimac himself thinks the higher-end segments of the market will always be "old school" and that they will retain combustion power.Bugatti's position is not isolated, either. Lamborghini, Maserati, Aston Martin, and more have canceled plans for electric cars and are sticking with combustion engines. Ferrari is the odd one out with its Luce EV, but this is not a supercar. This is an electric car you can use as a daily driver that just happens to be a Ferrari.The market has been volatile for a few years now, and it has shifted position several times. We've gone from a near-certainty that everything would go fully electric to a split between hybrids and EVs to a future nobody seems truly certain of.What Did Rimac Say About Electric Cars?Image Credit: BugattiMate Rimac, the boss of Bugatti and Rimac, spoke to CNBC Fast Money about what he felt the future of the automotive world would be like. Many thought that, thanks to Rimac's success with the Nevera, Bugatti would go down the electric-car route too. But Mate Rimac does not see it that way."Normal cars, normal people, the majority of us will be electric," he said. "Then the upper segment, like sports cars and upwards, I don't think so. I think it is going to stay combustion for a very long time, exactly like watches," added the Rimac and Bugatti boss. He noted that many watches are made the 'old school' way in Switzerland, where 90 percent of the profits are generated.Rimac's view is supported by what is currently happening in the automotive market. When you have companies like Lamborghini, Lotus, Maserati, and more moving away from EVs, you know there has been a shift. Rimac's takeover of Bugatti led many to believe they would go all-electric, but with the latest Bugatti featuring a hybrid powertrain, that couldn't be further from the truth. But what does this mean for so-called "boomer cars?"What This Means for Boomer CarsImage Credit: BugattiBoomer cars are typically classic cars, such as muscle cars, cruisers, and anything associated with the Baby Boomer generation of 1946 to 1964. Yet with EVs a credible option for daily drivers and modern performance cars undergoing a renaissance, they seem to be getting left behind.It shows just how volatile and unpredictable the automotive market has been over the last 2-3 years, and especially over the last few months.Maybe we should just enjoy combustion power while we still can.If you want more stories like this, follow Guessing Headlights on Yahoo so you don't miss what's coming next.
