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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.
Win a VIP trip to the 2011 Goodwood Revival
Wed, 31 Aug 2011CAR has teamed up with Johnnie Walker whiskey to give one reader a dream ticket to the Goodwood Revival - with accommodation and weekend passes for two, and a money-can't-buy lap of the Goodwood track. Click here to enter this amazing Goodwood competition. You and a guest will enjoy a memorable trip to the Goodwood Revival over the weekend of 17-18 September 2011.
Honda shift cut threat to 340 jobs
Tue, 25 Mar 2014JAPANESE car giant Honda is to cut production at its UK factory from three shifts to two, threatening 340 jobs. Most cars built at the plant in Swindon, Wiltshire, are exported and sales in other countries have not been as strong as in the UK. "Over the last 12 months, we haven't seen the growth we'd anticipated.