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Audi buys Ducati. Trophy or shrewd investment?
Thu, 19 Apr 2012Audi buy Ducati It’s been confirmed that Audi is to buy Ducati, the Italian Super Bike maker, for an undisclosed sum thought to be around £700 million. Last month we reported that Audi has entered in to an exclusive agreement to buy Ducati, pipping Mercedes to the trophy super bike maker and adding a trophy to its cabinet. And the deal is now done.
Ford Focus 1.0-litre EcoBoost sets 16 world speed records
Fri, 01 Jun 2012The new Ford Focus 1.0 EcoBoost has set 16 world speed records in two days of testing at the CERAM test circuit in Mortefontaine. Who’d have thought that a little 3-cylinder engine in a Ford Focus could ever be an appealing prospect? But it’s become very clear that Ford’s little boosted 3-pot is quite the star and, for almost anyone who does a normal mileage, by far the choice over a diesel-engined Focus.
Lotus sues Dany Bahar for £2.5 million
Sat, 01 Dec 2012Lotus are suing ousted CEO Dany Bahar for £2.5 million to recover the cost of his expensive lifestyle billed to Lotus. It seems DBR-HiCom, new owners of Proton (which own Lotus), took one look at the mess in Hethel and dumped Bahar, replacing him with engineer Aslam Farikullah to try and re-focus Lotus on its core products and engineering instead of pursuing Bahar’s fantasy of churning out the biggest range of luxury supercars of any car maker on the planet. That ousting led to Bahar issuing proceedings against Lotus for £6.7 million in August for wrongful dismissal (which gives you some idea of Bahar’s estimate of his own worth).