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Audi set to buy Ducati for $1.1 billion

News 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.

Skoda launch EIGHT Black Edition models – CitiGo, Fabia, Roomster, Rapid, Octavia, Superb & Yeti

The Skoda Octavia Black Edition – just one of 8 new Skoda Black Edition Skoda’s marketing department has had a bit of a brainstorm and decided what the UK needs – really, really needs – is a Black Edition of every car in the Skoda range with extra equipment and styling tweaks. So that’s what they’ve done. So we get the option  of a ‘Black Edition’ of every car in Skoda’s UK range suddenly with an extra option to punt and all with prices that offer great value compared to speccing a regular model up to the same level.

Who's Where: Richard Ferlazzo appointed GM Australia design director

Richard Ferlazzo has been appointed General Motors Australia design director. Taking up the position from 1 September, he will report directly to executive director international operations design Michael Simcoe and also GM Holden chairman and managing director Mike Devereux. Ferlazzo will be responsible for Advanced, Production and Global Contract programs and replaces Andrew Smith who left Holden this month to take up the position of executive director of global Cadillac and Buick design at GM's technical center in Warren, Michigan.