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Audi to buy Ducati – the four rings expands from four wheels
Mon, 12 Mar 2012Audi 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.
Britain has busiest roads in Europe
Thu, 20 Feb 2014It’s arguably the most predictable news story of the year so far, but research by the World Bank has revealed Britain’s roads are the most congested in Europe. According to the figures, there are 77 vehicles per kilometre of road in Britain – 76% higher than the European average. Compare that to Norway, where there are just 29 vehicles per kilometre.
Gordon Murray T27 electric car unveiled
Thu, 30 Jun 2011Gordon Murray T27 Electric Car unveiled We first learned that the Gordon Murray T27 Electric Car was heading for an iStream process somewhere in the world back in late 2009. An electric version of the Gordon Murray Design T25 it was designed to be, and has now become, exactly what an electric car should be; a simple to build, uncomplicated people mover for congested urban environments. The perfect way round congested cities – and for three people.