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Ford posts $2.4 billion profit
Tue, 26 Jul 2011Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.
Audi to buy Ducati 'next week' - Reuters
Thu, 12 Apr 2012Audi 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?
2013 SEAT Leon price revealed: Paris 2012
Sat, 29 Sep 2012SEAT has revealed prices for their version of the VW Golf – the new SEAT Leon – at the Paris Motor Show. Starts at £15,670. SEAT has been a bit more daring with their take on the new VW Golf and Audi A3 (the SEAT Leon is based on the same VW MQB platform as its Volkswagen Group siblings) with a sporty statement nose and interesting creases running down the side.