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Ferrari sets personal best in China
Wed, 05 Jan 2011It was a solid year for Ferrari in the burgeoning Chinese car market in 2010, as the Italian dream maker racked up its most impressive sales in that country with a tally of 300 cars. Sales were up almost 50 percent compared with 2009 results. With 10 current dealerships and the addition of some new business partners, Ferrari expects the added sales for Hong Kong and Taiwan will elevate the region to one of the company's top five international markets.
2013 Lincoln MKZ spotted beside its predecessor
Tue, 09 Oct 2012We've seen the 2013 Lincoln MKZ on the road before sans camouflage, but it's the company that this particular MKZ is keeping that makes these photos notable. Snapped by Autoweek reader Jon McCrary in Traverse City, Mich., the pictures show the upcoming 2013 MKZ next to a current-generation MKZ. The contrast is striking.
Audi set to buy Ducati for $1.1 billion
Tue, 17 Apr 2012News wire reports in Europe on Tuesday said Audi is poised to buy Ialian motorcycle maker Ducati from owner Investindustrial for about $1.1 billion (860 million euros). Audi has reached an agreement with Investindustrial to buy the maker of luxury motorbikes, with VW's supervisory board set to approve the deal on Wednesday, said a person familiar with the details, who declined to be identified discussing the private negotiations. Audi and Investindustrial declined to comment.