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Audi to buy Ducati 'next week' - Reuters

Audi looks set to complete its purchase of superbike maker Ducati as early as next week, according to Reuters. The news wire reports the deal could be finalised by 18 April 2012, the day before VW's annual shareholders meeting in Hamburg. Audi has been undertaking due diligence on the purchase of Ducati and the bean counters are reporting no obstacles to the deal.     Why is Audi interested in buying Ducati?

BMW M4 Concept (2013) first official pictures

This is the new BMW M4 – don’t believe the ‘Concept’ tag. BMW’s M concepts always look identical when they reach production, and this new 424bhp coupe will be no exception. The M Division 4-series employs forced induction, signalling the death of the outgoing E92 M3’s sonorous 4.0-litre V8.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.