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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.

Lotus planning Electric Car

I suppose it was inevitable that Lotus would not settle for simply supplying Tesla with the chassis for their electric car, and would look to jump on the bandwagon of electric cars (EV). Lotus CEO, Michael Kimberly, has told the Financial Times that Lotus is planning an electric car “sooner rather than later”, and went on to say that it will be an extended range battery vehicle. Extended range EVs (like the Chevy Volt) are probably the best option for a mainstream car at the moment, at least until you can buy hydrogen at the pumps other than in California.

OFFICIAL: BMW M4 Concept

The BMW M4 Concept (pictured) has been revealed The BMW M4 heading towards Pebble Beach this weekend (and pictured above) is billed by BMW as the M4 Concept, but it’s almost exactly what you’ll get when the M4 goes on sale in 2014. As this is a ‘Concept’ BMW don’t feel the need to fill in all the details, but there’s some stuff we can see and some stuff we pretty much know. The stuff we can see includes the same CFRP roof the old M3 Coupe got (in this case titivated with BMW M colours) and CFRP for the splitter and diffuser.