Mon, 12 Mar 2012
Audi 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.
Sat, 05 Jan 2013
The first photos of the Peugeot 2008 – an SUV / Crossover version of the new 208 – have arrived ahead of an official reveal next week. Peugeot’s new offering in the compact SUV sector is the Peugeot 2008 – a compact crossover version of the new 208 – which we saw first at the Beijing Motor Show last year as the Peugeot Urban Crossover Concept and now, ahead of an official reveal next week, we have the first official photos of the new 2008. So far, we have no real detail on what’s under the bonnet, but visually the production version of the 2008 seems little changed from the concept – which means a decent-looking offering for a competitive market place.
Sat, 03 Mar 2012
Chevy Volt production halted
General Motors has announced that they’re halting production of the range-extender Chevrolet Volt as sales falter. The Chevy Volt is General Motors’ car of the future (and sister car to the Vauxhall Ampera) with a range extender engine and the ability to run on a plug-in charge. And GM proclaimed it as the future of the company and did everything they could to keep costs in check.
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