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Audi buys Ducati. Trophy or shrewd investment?
Thu, 19 Apr 2012Audi buy Ducati It’s been confirmed that Audi is to buy Ducati, the Italian Super Bike maker, for an undisclosed sum thought to be around £700 million. Last month we reported that Audi has entered in to an exclusive agreement to buy Ducati, pipping Mercedes to the trophy super bike maker and adding a trophy to its cabinet. And the deal is now done.
New Cadillac ATS to take on BMW 3 Series (+video)
Sun, 04 Dec 2011Cadillac ATS - sorted at the Nurburgring GM has revealed that their new compact Cadillac ATS will debut at the Detroit Auto Show in January and go on sale in late 2012 as a 2013 model. The idea, just a few short years ago, that Cadillac could build a car that was capable of making the Germans look over their shoulder would have been laughable. But the new Cadillac ATS – debuting at Detroit in January – could do just that.
Saab: On the edge of oblivion
Thu, 23 Jun 2011Saab go in to meltdown We’ve had a statement in from Saab this morning telling us that they are now unable to pay their staff until they manage to get a bit of funding in. Didn’t they just get a pile of Euros in from Panga Da for a boat full of Saabs? According to two previous statements from Saab they received €30 million Euros at the end of May for 1,300 Saabs ordered by Pang Da, and another €15 million for a further 650 cars a week later.