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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.
BMW i3 & i8 EV range won’t be extended any time soon
Thu, 30 Jan 2014The BMW i3 and i8 EVs won’t get a sibling any time soon BMW have ploughed a chunk of money in to the development of the BMW i3 electric city car and the BMW i8 supercar, but it seems that is going to be the extent of the BMW i range, for now at least. BMW’s head of production, Harald Krueger, has told Automotive News that there will be no further i models until BMW has a better idea of demand for their i cars. So far, the demand looks very positive for BMW, with over 11,000 i3 EVs sold already which has led to a six month waiting list for BMW buyers looking for an electric city runaround.
2012 Hyundai Azera pricing announced
Tue, 14 Feb 2012The 2012 Hyundai Azera will come in at $32,875, including destination, the company said on Tuesday. The range-topping Azera with Technology package will sticker at $36,875. The second-generation (for the United States) Azera gets a major redesign, taking all of the styling cues from Hyundai's current crop of vehicles, especially the Sonata.
