Bugatti 16C Galibier confirmed for production

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In a recent interview, Bugatti President Wolfgang Dürheimer has confirmed that the 16C Galibier will go into production

Developed to become the leader in the luxury segment, the 16C Galibier will be launched in late 2012 and feature a 8.0-liter 16-cylinder engine with 800 hp to 1,000 hp. The 16C Galibier is expected to be priced around $1.4 million and Dürheimer estimates the company will be able to sell 1,000 to 1,500 cars.