2008 Arctic Cat F8 800 Engine on 2040-parts.com

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.

Chrysler Group names new chief for Fiat in North America

Chrysler Group on Monday named Timothy Kuniskis head of the Fiat brand for North America, replacing Laura Soave, who "has left the company and will pursue other interests." Kuniskis, 44, most recently served as director of marketing for the Chrysler and Fiat brands. The change is effective immediately, Chrysler said in a statement. Soave, 39, who supervised Chrysler's efforts to reintroduce the Fiat brand in North America after a 17-year absence, attended the rollout last week of the Fiat 500 Abarth at the Los Angeles auto show but did not participate in the press conference, raising further questions about her tenure.

New Volvo P1800 revealed by Volvo’s chief designer

Volvo P1800 re-imagined Volvo’s Chief Designer at its Monitoring and Concept Centre has recreated the iconic Volvo P1800 for the 21st century to celebrate its 50th anniversary. The Volvo P1800 is perhaps the most stylish car Volvo has ever produced, and 2011 marks the 50th anniversary of the most unlikely of Volvos; a Volvo that was to The Saint what the Aston Martin DB5 was to James Bond. Designed to be eye candy for Volvo dealers hoping for more footfall in showrooms full of Amazons, the P1800 was designed by Pelle Petterson – the son of Volvo consultant Helmer Petterson and the driving force behind the Volvo P1800 project - who worked for Italian designers Pietro Frau.