Yep, it's a good time to be one of the haves. Volkswagen-owned Bugatti, maker of the wickedly fast and pricey Veyron, this week unveiled an ultra-luxury sedan for the upmost echelon of car buyers. It's the Galibier, which takes its name from a pass in the Alps traversed during the Tour de France. But does such a machine still have a place in this age of downscaled expectations and environmental responsibility? Before you answer, that's an entirely rhetorical question.

The Galibier shares with the Veyron its engine, an exercise in extreme motorworks: an 8.0-liter quad-turbocharged W16 producing 1001 horsepower (in the Veyron). That's enough to get the two-door Veyron to 253 miles per hour, though reports indicate the Galibier will only top out at a mere 217. Unlike the Veyron, the Galibier's engine is front-mounted and Bugatti says it can run on ethanol, though how many Iowa cornfields can be dispatched with every quarter-mile run has yet to be determined.

Outside, the Galibier's two-tone color scheme comprises polished aluminum and a dark blue carbon fiber weave that turns slightly translucent when illuminated. Just the thing for making a first impression whilst pulling into the Kleig-lit driveway of the local viscount's estate. No word yet on price, but consider a million bucks a probable starting point.