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GM contacting Chevrolet Volt owners as NHTSA investigates battery fire

General Motors on Monday said it is contacting all owners of the Chevrolet Volt plug-in hybrid to reassure them that the car is safe as the National Highway Traffic Safety Administration investigates a battery fire from a Volt that was crash-tested. GM said any Volt owner who had safety concerns would be offered a different GM car as a loaner vehicle. Executives also stressed during a teleconference that the battery issues were seen only in vehicles in the crash tests.

Audi to buy Ducati 'next week' - Reuters

Audi looks set to complete its purchase of superbike maker Ducati as early as next week, according to Reuters. The news wire reports the deal could be finalised by 18 April 2012, the day before VW's annual shareholders meeting in Hamburg. Audi has been undertaking due diligence on the purchase of Ducati and the bean counters are reporting no obstacles to the deal.     Why is Audi interested in buying Ducati?

Porsche Panameras with 300-hp V6 to arrive in the United States in June

The six-cylinder siblings of the V8 Porsche Panamera will hit U.S. shores in June, packing 300 hp and starting at $75,375 for the rear-wheel-drive model. The all-wheel-drive version, called the Panamera 4, starts at $79,875, including destination charges.