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Cash for clunkers: Is it ready for prime time in America?
Tue, 31 Mar 2009One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.
Audi A3 and S3 Saloon (2013) first official pictures
Wed, 27 Mar 2013Audi has plugged the slender gap between the five-door Audi A3 Sportback and A4 saloon with this new model: the A3 Saloon. Available in the full range of A3 powertrain and trim options, a 296bhp S3 version will follow in a few months, as seen in these first official pictures. How do I pigeonhole the Audi A3 Saloon?
Audi set to buy Ducati for $1.1 billion
Tue, 17 Apr 2012News 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.