VW Group Reportedly Approves 1,000HP Bugatti 16C Galibier Sedan for Production

Bugatti has received approval from parent company Volkswagen to build the 16C Galibier sedan, according to a Bloomberg report quoting two people familiar with the matter. Show as a concept at the 2010 Geneva Motor Show, the Galibier packs 1,000 horsepower under its hood and could cost around €1 million ($1.4 million), according to the inside sources. Read more »