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Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

SEAT Mii 5-Door joins its VW stablemates

The 5-door SEAT Mii revealed ahead of the Geneva Motor Show The 5-Door SEAT Mii has been revealed ahead of its debut at Geneva in March, joining the 5-door VW Up and Skoda Citigo city cars. Today it’s SEAT’s turn to take the VW Group City Car and turn it in to a 5-door, with the reveal of the SEAT Mii 5-door ahead of the Geneva Motor Show in March, alongside the 5-door VW Up and the 5-door Skoda Citigo. Really, there’s not a huge amount to say about the SEAT Mii 5-door that we haven’t already said about the 3-door Mii - except it gets two extra doors.

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.