Volkswagen OKs production of the Bugatti 16C Galibier, report says
The Bugatti 16C Galibier will have a projected sticker price of $1.4 million.
By DALE JEWETT on 4/01/2011
Volkswagen AG has agreed to fund production of the Bugatti 16C Galibier sedan, Bloomberg News reported on Friday, citing two unnamed sources that had knowledge of the project.
The 16C Galibier would join the Veyron sports car in Bugatti's lineup. But Galibier production may not start for two to three years while Bugatti retools its boutique manufacturing plant in Molsheim, France.
The ultraluxury sedan was first shown in 2010 as a concept at the Geneva motor show
. It shares the 16-cylinder, 1,000-hp engine used in the Veyron. Speculation on a price tag centers on 1 million euros, or about $1.4 million at current exchange rates.Read Full Story HERE
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