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Audi to buy Ducati – the four rings expands from four wheels
Mon, 12 Mar 2012Audi 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.
Lamborghini Gallardo pays homage to longtime test driver
Wed, 01 Jul 2009Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos. It's called the LP 550-2 Valentino Balboni, which denotes the 550-hp rating. It's the only current Lamborghini that channels power to just the rear wheels.
Mitsubishi's world debut at Paris
Mon, 15 Sep 2008By Tim Pollard First Official Pictures 15 September 2008 09:37 Mitsubishi today released this mysterious teaser photo of a new car – thought to be the new Colt – that will make its world debut at next month's 2008 Paris motor show. It's hard to see much from the shadowy pixels that have been issued: it looks like a generic, modern Mitsu with the Lancer's deep grille and wedgy headlamps. CAR expects Mitsubishi to show a heavily revised Colt at the Paris show on 2 October 2008.