New Reveiled From Bugatti

Bugatti will reportedly launch the Galibier sometime by the end of 2012. Pricing is expected to reach the $1.5 million dollar range.

According to a recent interview conducted by Auto Motor und Sport with Bugatti President and CEO Wolfgang Durheimer, the Bugatti Galibier is scheduled to go on sale in the fall of 2012.Wolfgang stated that "The car has a much higher value than the Veyron, with a lot of trunk volume and a four-seat plus one configuration." Bugatti's CEO also said that they are taking into consideration how many units to produce. He mentioned anywhere from 500, 1,000 or even 1,500 units.

The Galibier will be the successor to the Veyron, which has officially ended production. Although not as powerful as the former, the Galibier will still produce a very respectable output of around 850hp and is looking to command a price tag somewhere in the $1.5 million range. Other details remain unknown for now.While it may not be the preferred choice for some Veyron enthusiasts, Bugatti wants the Galibier to be cheaper to produce and still maintain the brand's exclusivity.

Source:Carbuzz