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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.

Top Gear USA to show on BBC Three +video

Top Gear USA arrives on BBC Three next week. Top Gear is something of a phenomenon. From a rather stuffy show fronted by the likes of William Woollard and Angela Rippon, it has morphed in to the world’s most popular car programme bar none.

Aston Martin appoints Nissan's Andy Palmer as new CEO

By Tim Pollard Motor Industry 02 September 2014 09:14 Nissan product chief Andy Palmer, 51, has been appointed chief executive office of Aston Martin. A corporate spokeswoman at Aston Martin confirmed the news to CAR magazine ahead of an official announcement at 10.00am today. 'We are delighted he's joining us,' she said.