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Audi to buy Ducati – the four rings expands from four wheels

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.

New Citroen C1 revealed ahead of Geneva debut

The new Citroen C1 (pictured) revealed ahead of Geneva debut We’ve had the proper reveal of the new Peugeot 108 and a bit of a teaser photo for the new Toyota Aygo, and this morning we get the trio completed with the reveal of the new Citroen C1 ahead of its Geneva debut. We’d call the new C1 a 2014 model, but for some reason Citroen gave the current C1 an overhaul only a few months ago and made that a 2014 model, so we probably have to refer to this new one as the 2015 Citroen C1. Whatever model year to attach to it though, the new C1 is just a new Aygo or new Peugeot 108 in Citroen clothes and therefore offers much the same as those two cars.

VW & Porsche could become Auto Union

It looks like Porsche and VW may come together under the Auto Union banner. Of course, all these shenanigans have come about because of Porsche’s desire to gobble up VW. The plan looked great, and Porsche grabbed a big chunk of VW stock.