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Feds look at Toyota electronics as source of accelerator defects

The U.S. Department of Transportation is looking into whether Toyota Motor Corp.'s problems with unintended acceleration can be traced to defects in the electrical controls rather than just the mechanical problems cited by the automaker, a Transportation official said Tuesday. “We're not finished with Toyota and are continuing to review possible defects and monitor the implementation of the recalls,” Transportation Secretary Ray LaHood said in a statement.

Hyundai make it in to UK Top Ten best-selling car makers

Hyundai has become the first Korean car maker to make it in to the top ten best selling car makers in the UK, with sales of 74,000 in 2012. It’s taken a few years to shake off the ‘Cheap Car’ tag, but Hyundai are now offering a range of cars – certainly in the mainstream – that can be compared on ability, design and quality with the best of the competition. That quantum change in perception in the last few years about the desirability of a Hyundai has now translated in to Hyundai becoming one of the top ten best-selling car brands in the UK, a first for a Korean car maker and a real sign that Hyundai is now accepted as a real competitor – not a ‘Budget’ brand.

Audi set to buy Ducati for $1.1 billion

News 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.