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Audi buys Ducati. Trophy or shrewd investment?
Thu, 19 Apr 2012Audi 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.
Need to report a POTHOLE? Government-backed App makes it easy
Tue, 24 Dec 2013Need to report a POTHOLE? Government-backed App makes it easy There can’t be many motorists in the UK who haven’t fallen foul of our pitted and potholed roads (one of the Cars UK team had a £1500 suspension re-build bill last year), so anything we can do to point out what needs doing is a bonus. So the news that the government is backing an App to report potholes in the UK to the tune of £30,000 is good news (assuming the reported potholes get acted on).
TVR sold
Thu, 22 Feb 2007By Tim Pollard Motor Industry 22 February 2007 10:30 Russian businessman Nikolai Smolenski is back in charge of the failed TVR business - and looks set to move production abroad. The deal was announced on Thursday evening, after the administrators PKF Partners struck a deal with Smolenski to buy TVR's assets for an undisclosed sum, thought to be in excess of £2m. The Russian businessman bought TVR in 2004 for around £15m, but sales stalled and the Blackpool factory crashed into administration at Christmas time.