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Audi buys Ducati. Trophy or shrewd investment?

Audi buy Ducati It’s been confirmed that Audi is to buy Ducati, the Italian Super Bike maker, for an undisclosed sum thought to be around £700 million. Last month we reported that Audi has entered in to an exclusive agreement to buy Ducati, pipping Mercedes to the trophy super bike maker and adding a trophy to its cabinet. And the deal is now done.

Honda cutting production in Swindon again – 500 jobs at risk

Honda is cutting another 500 jobs in Swindon It’s only a year since Honda announced 800 job cuts at Swindon (which eventually was 550) and now they’re about to cut a further 500 as weak demand – particularly in Europe – sees the Swindon plant producing just half the cars it could. The plan is to cut shifts from 3 to 2 a day, which will result in the loss of 340 permanent jobs and 160 temporary ones, and production will be centred on just one production line to increase efficiency and flexibility. The Swindon Plant – which builds the Civic, Civic Tourer, CR-V and Jazz (and the Civic Type-R from next year) – has been hard hit by the slump in European sales in the last five years and, despite still strong UK sales, production levels of 120,000 cars a year – just half of the Swindon capacity – are not enough to sustain the current staffing levels.

Alfa Romeo to dump front-drive hatches for rear-drive saloons

Alfa Romeo is set to drop the Mito and Giulietta hatchbacks around 2015, as it switches to solely rear-wheel drive models, CAR's Georg Kacher reveals today (Friday 19 July). The sensational news, which will be music to car enthusiasts' ears, is part of a radical, new plan involving closer collaboration between Alfa Romeo and Maserati. Starting in 2015, Alfa will roll out a BMW 3-series rival, followed by a 5-series rival in 2016.