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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.

Explosion at GM Tech Center; lithium battery is the suspected cause

According to WWJ CBS Detroit, there was an explosion at the General Motors Tech Center in Warren, Mich., on Wednesday morning. Deputy Fire Chief Gary Wilkinson said the explosion most likely was related to a lithium battery. Wilkinson told Autoweek that a responder notified the HAZMAT team via radio that the explosion involved lithium batteries in the research facility's Alternative Energy Center.

More power and track bias for ultimate Megane RS

By Phil McNamara Motor Industry 05 October 2006 01:07 Renaultsport is unleashing its most honed Megane yet – the catchily named 230 F1 Team R26. The £19,750 hot hatch is based on the track-focused 225 Cup edition, but with power bumped to 230bhp, tauter suspension and a limited slip differential to boost traction. A rasping sports exhaust and ECU tweaks boost the 2.0-litre turbo engine’s power from 225 to 230bhp.