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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.

Speakers confirmed for Interior Motives China Conference 2010

Speakers are being confirmed for CDN's China conference this year, an event that seeks to bring together the changing design tones of global OEMs with the best of local design. Titled ‘New brands and the search for a design identity', the conference will explore both global and Chinese influences in this exploding market, and include both international and Chinese design chiefs within global OEMs. The event is hosted by CDN's print magazine, Interior Motives, and takes place in Beijing on 21-22 April, just before the auto show opens to the press on 23 April.

BMW M135i Concept heading for the Geneva Motor Show

The BMW M135i Concept is heading for Geneva BMW are taking the first petrol-engined car in its new M Performance range to the 2012 Geneva Motor Show – the BMW M135i Concept. It looks like BMW are going to be rolling out their new sub-M range of cars across the entire BMW range. We’ve already had the big diesel bruisers of the new M Performance Range – the M550d, X5 M50d and X6 M50d – revealed ahead of Geneva – and news of the M Performance Parts for the 1 Series.