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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.
Mercedes-Benz confirms production of the CLS wagon in 2012
Tue, 09 Nov 2010A wagon version of the Mercedes-Benz CLS sedan will go into production in 2012, the automaker said on Monday. The announcement confirms an AutoWeek report in January that the CLS wagon was more than just a concept. Go to www.autoweek.com/article/20100106/CARNEWS/100109973 to read the original report.
Ssangyong LIV-1 SUV: Seoul Motor Show
Mon, 01 Apr 2013Ssangyong has rolled out yet another SUV Concept at its home motor show in Seoul – the Ssangyong LIV-1 SUV. The Ssangyong LIV-1 SUV is another new SUV concept from Ssangyong (we’ve had the SsangYong SIV-1 at Geneva and the e-XIV EV Concept at Paris in the last six months) with a catchy little moniker, this one a ‘Limitless Interface Vehicle, which sets the bar quite high. The LIV-1 does have a better looking nose than any of Ssangyong’s current crop of production cars (well, certainly than the Rexton and Rodius) although it does look like the designers were competing to see how many creases they could add to the bodywork of the LIV-1.