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Audi to buy Ducati 'next week' - Reuters
Thu, 12 Apr 2012Audi looks set to complete its purchase of superbike maker Ducati as early as next week, according to Reuters. The news wire reports the deal could be finalised by 18 April 2012, the day before VW's annual shareholders meeting in Hamburg. Audi has been undertaking due diligence on the purchase of Ducati and the bean counters are reporting no obstacles to the deal. Why is Audi interested in buying Ducati?
Tesla Model S finally revealed
Fri, 27 Mar 2009The Tesla Model S, a full sized Electric Saloon car, unveiled in California The Tesla Model S is a full size saloon which, at the projected price of $50,000 (including a federal tax break), should make a significant impact on the market. I say projected simply because the car will not be ready for sale until 2011, so there is plenty of time for ‘adjustments’. We’ll see.
GM U.S. sales boss LaNeve to leave on Oct. 15
Wed, 07 Oct 2009General Motors Co.'s head of U.S. sales, Mark LaNeve, is resigning effective Oct. 15 as the automaker continues to struggle with one of the worst years in U.S.