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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.

Sleek new Volvo Concept Coupe previews ahead of Frankfurt 2013

Volvo’s brave new future starts here. In the metal (and aluminium) it’s embodied by this Concept Coupe, a 2+2 grand tourer that evokes the spirit of the classic 1960s P1800. Prepared for this year’s Frankfurt Motor Show the Concept Coupe shows how all future Volvos will look, starting with the XC90 in 12 months’ time.

Marcello Gandini laments today's 'fake' concepts

Marcello Gandini has branded current concept cars fakes and "little more than maquettes" in an interview about Bertone's extensive concept car history. The enigmatic designer, whose work with the design house stretches back to the late ‘60s, expressed his dislike of today's "fiberglass cars" and claims they can't hold a candle to the well-built concepts of old. He praises Nuccio Bertone's vision and his insistence on producing fully working, "almost driveable" concepts throughout the coachbuilder's existence.