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Audi to buy Ducati – the four rings expands from four wheels
Mon, 12 Mar 2012Audi has struck an exclusive deal giving it first rights to buy Italian superbike manufacturer Ducati, CAR can reveal.The exclusivity deal gives Audi until mid April when the deal will likely be finalised, according to high-ranking sources contacted by CAR. Ducati's liabilities are around €200 million [earlier report said €800 million, this has been corrected], and our sources suggest the total purchase price is about €250m-€300m. This is a bold move by Audi, which sees the long-term advantage in moving into two wheels as well as four.
Volvo XC30 for 2012
Fri, 19 Mar 2010It's starting to look as if the baby Volvo Crossover - the XC30 - is getting close The rumour mill has been working on a smaller crossover/SUV from Volvo for a long time – since just about the time that the Volvo C30 first hit the road. And it’s a car that makes a lot of sense, especially in the current market. So it’s not any sort of surprise to see the rumour resurface, but we’re a bit peeved to have missed (until now) the comment that’s being attributed to Lex Kerssemakers – Volvo’s Overseas Corporate Strategy President – from Geneva when he apparently said “There will be some further expansion of the XC range in the near future”.
Has the McLaren P1 lapped the Nurburgring in a record 6 minutes 47 seconds?
Tue, 22 Oct 2013Has the McLaren P1 lapped the Nurburgring in a record 6 minutes 47 seconds? We knew McLaren were back at the Nurburgring with the P1 in an attempt to make good on Ron Dennis’s promise that the P1 would lap the ‘Ring in under 7 minutes. It appears McLaren has already tried to set a sub-7 minute time with the P1 but could only manage 7:04s so, with the firts P1s now in customer hands – and full performance specs revealed – the final piece of the jigsaw (apart form a Top Gear lap record) is to set a great time at the Nurburgring.