Rumored to be on the road to production since 2009, the Bugatti Galibier 16C four-door is back in the spotlight, this time on the back of word from sources supposedly close to the decision-making process that say Volkswagen has given the project the green light.

If you've forgotten the Galibier's stats, here's the cheat sheet: 800 horsepower, four doors, Bugatti opulence, and a $1.4 million price tag. As the name suggests, the Galibier sports a 16-cylinder engine much likes its Veyron brandmate. The 8.0-liter mill in the Galibier spurns the supercar's quad turbocharging for a two-stage supercharger system, however, likely offering a higher-torque, less-frenetic driving experience befitting a hyperluxury, hyper-fast sedan.

With Ferrari recently unveiling the four-seat (but just two door) FF and Lamborghini reportedly re-reconsidering production of the Estoque sedan, not to mention Aston Martin's Rapide, the market for super high-end sports cars for four appears to be booming.

No timeline for the car's arrival is yet known, but given that it has been on the burner for two years now, it's possible that Bugatti could move to production by the end of the year or early 2012.

[Bloomberg]