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News watch May 2011: today's auto industry news

Come to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 May 2011 • Canada will look to sell their 1.7% share in Chrysler to Fiat, but will be biding their time to see what the US goervment obtain for their own share first.  (autonews.com)• Nissan's St Petersburg, Russia assembly plant will shut down for five days due to lack of engines. The plant, which builds the X-Trail, Murano and Teana midsize saloon models, receives its engines from Japan.

Audi to buy Ducati – the four rings expands from four wheels

Audi has struck an exclusive deal giving it first rights to buy Italian superbike manufacturer Ducati, CAR can reveal.The exclusivity deal gives Audi until mid April when the deal will likely be finalised, according to high-ranking sources contacted by CAR. Ducati's liabilities are around €200 million [earlier report said €800 million, this has been corrected], and our sources suggest the total purchase price is about €250m-€300m. This is a bold move by Audi, which sees the long-term advantage in moving into two wheels as well as four.

Top Gear in Lucca with Citroen DS3 Racing, Fiat 500C Abarth and Renault Clio RS

The TG boys in the Piazza in Lucca Lucca is considered by those who know it to be Tuscany’s best kept secret. With its 16th century walls all round the town, delightful piazzas and medieval centre it is all a picture-book Tuscan town should be. In fact, even though few know it well Henry James said of Lucca that it is “overflowing with everything that makes for ease, for plenty, for beauty, for interest and good example”.