As the 86th Geneva International Motor Show kicks off, several of the world's biggest autos companies will unveil their latest high- performance cars at the event. CNBC takes a look at some of the glitziest cars on show.

—By CNBC.com's Luke Graham and Nancy Hulgrave. Posted on March 2, 2016.

The Volkswagen-owned luxury car maker unveiled its latest sports car this week. Bugatti claims the car is set to beat the speed record for the world's fastest road car with its 8-liter, W16 engine producing 1,500 horsepower, although the manufacturer has capped its maximum speed at 261 miles per hour (mph) for road use.

Only 500 Chirons will be produced, selling at a basic price of 2.4 million euro ($2.61 millIon) each.

"The Chiron is the result of our efforts to make the best even better," said Wolfgang Dürheimer, president of Bugatti, in a press release.

Rolls Royce's new luxury range, the Black Badge, is aimed at young, disruptive entrepreneurs, according to the carmaker.

"They have approached us in a way of 'do something which is more bolder, which really puts us into that lifestyle that we live' and for that reason have created Black Badge," explained Torsten Müller-Ötvös, CEO of Rolls-Royce, to CNBC.

The Black Badge comes in two models: Ghost and Wraith. Both have 6.6-liter, V12 engines, but Ghost has 603 horsepower while Wraith boasts 623 horsepower.

The Levante is the luxury car manufacturer's first sports utility vehicle (SUV). It can accelerate from 0-62mph in 6 seconds and has a top speed of 156mph.

According to Rupert Stadler, chairman & CEO of Audi, who spoke to CNBC in Geneva, the trend for SUVs will go on worldwide and has also entered the SUV market.

The Italian sports car maker has produced just 40 of the Centenario, each costing at least 1.75 million euro ($1.9 million). The company is currently celebrating the centenary of founder Ferruccio Lamborghini's birth.

The company says the Centenario's V12 engine is its most powerful ever, producing 770 horsepower, letting it accelerate from 0-62mph in 2.8 seconds and reach a top speed of more than 217mph.

James Bond's favorite carmaker has unveiled its latest creation, the DB11. The car has a twin 5.2-liter V12 engine, giving it a top speed of 200mph and a 0-62mph time of 3.9 seconds.

"DB11 is the absolute embodiment of what an Aston Martin should be and we have worked tirelessly to ensure that DB11 combines both exceptional design with the latest technology throughout," said Dr Andy Palmer, CEO of Aston Martin, in a press release.

Jaguar Land Rover debuted the F-TYPE at the Geneva Motor Show. It costs from £110,000 ($153,700) and has a 5.0 litre V8 engine, allowing it to accelerate from 0-60mph in 3.5 second and reach a top speed of 200mph.

Dr Ralf Speth, CEO of Jaguar Land Rover, told CNBC's Nancy Hulgrave the F-TYPE was a "really high performance car."