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SMALL CARS DOMINATE USED CAR SALES

SMALL, FUEL-EFFICIENT cars continue to be the most appealing to used car buyers, research shows. The figures from Experian, the global information service, demonstrated that 285,962 used Ford Fiestas were sold last year making it Britain’s best selling used car in 2010. Even though overall sales for the Fiesta were lower than in 2009 there was more of a pronounced drop in sales of Vauxhall's Corsa, which came in second place to the Fiesta.

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.

Buick to scrap trim levels

Buick will eliminate its “CX,” “CXL” and “CXS” trim levels in the 2012 model year, opting for a few “stair-step” packages instead, one of the brand's top marketers said today. “It isn't befitting a premium brand. No other premium brand has those designations,” said Craig Bierley, Buick-GMC director of advertising and sales promotion.