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Audi to buy Ducati – the four rings expands from four wheels

Audi 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.

Honda – made in the UK

Honda's new TV ad focuses on its UK manufacturing Car makers have had a torrid time in the last year or so. And the natural reaction has been to cut costs where they can. That has seen a downturn in the advertising budgets available to car makers, which in the end will be self-defeating.

BMW i3 EV will cost from £30,680 – less than we expected

The new BMW i3 EV (teased above) will costs from £30k The new BMW i3 electric City Car is due to be revealed in production guise on 29th July, ahead of which BMW has revealed it will cost from £30,680 – meaning a showroom sticker price of £25,680 after the EV taxpayer ‘grant’. That price is for the pure EV i3 – not the range-extender – which comes with a rear mounted 168bhp electric motor, a top speed of 93mph and a range (in ideal conditions) of around 80 miles between charges. At a retail price of £25k, the i3 compares favourably with other EVs like the Nissan LEAF, which costs from £21k, and the Chevy Volt at £30k (although that is a range extender).