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Audi set to buy Ducati for $1.1 billion
Tue, 17 Apr 2012News 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.
Caterham Cars launches engineering business
Thu, 29 Sep 2011Caterham Cars has created a separate engineering business, Caterham Technology and Innovation Ltd (CTI). It is one of the first moves since Team Lotus Enterprises took control of the company in April. Caterham Technology and Innovation will develop a new line of lightweight sports cars inspired by the Caterham Seven and draw on materials and knowledge gained from Team Lotus Formula One and the Caterham Air Asia Team in the GP2 Series.
2012 Ford Focus
Mon, 18 Jan 2010Ford revealed the all-new third generation Focus at the Detroit auto show last week. The C-segment vehicle is the latest evolution of the Ford kinetic design form language that has been developed by the team at the company's Merkenich design center near Cologne in Germany, under the leadership of executive design director Martin Smith. With a more dynamic form language bringing the vehicle in line with its smaller (Fiesta) and larger (Mondeo) siblings, the new Focus has been engineered to meet all customer and legislative requirements of the major worldwide markets.