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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.
New Volvo V40 gets record-breaking Euro NCAP score
Wed, 29 Aug 2012The new Volvo V40 has been given a 5 Star rating by Euro NCAP, in the process getting the best result ever recorded. If a Volvo can’t get a 5 Star rating in the Euro NCAP tests then Volvo’s USP is in trouble. So the news that the new V40 got a 5 Star rating in the latest round of tests comes as no surprise.
Toyota overhauls engine plans
Mon, 01 Oct 2012For years, Toyota Motor Corp. has put hybrids at the center of its powertrain-technology strategy, all but oblivious to the rapid fuel-economy advancements rivals have made in the humble gasoline engine. Meanwhile, Ford, Honda, Mazda, Hyundai, Volkswagen and others have turned to gasoline direct fuel injection and turbochargers.