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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.

New VW Golf R Mk 7 costs from £29,900 in the UK

The new VW Golf R (pictured) costs from £29,900 The best of the MK 7 Golfs – the new Golf R – arrived back in August ahead of its debut at the Frankfurt Motor Show, with Volkswagen telling us it would go on sale in early 2014. But it’s actually on sale now, a few weeks early. At £29,900 (for the 3-door with 6-speed manual), the Golf R is a sensible price ( at least in comparison to VW’s truly silly price for the MK 6 Golf R Cabrio – which they subsequently dropped by more than £5k) and undercuts the similar Audi S3.

Lambo boss bans retro design

By Phil McNamara Motor Industry 06 October 2006 08:50 New Lamborghini models will strive to make automotive history, not repeat it, vows the company’s president. Lambo’s brief flirtation with retro design – epitomised by the January 2006 Miura concept – is over, says boss Stephan Winkelmann. ‘The Miura was a celebration of our history, but Lamborghini is about the future.