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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.
Saab: GM decides Vladimir Antonov is a good guy after all
Wed, 19 Jan 2011Vladimir Antonov - Not a 'Red under the Bed' after all. Some detected the odour of McCarthyism when GM told Spyker there could be no deal on Saab unless it showed major backer Vladimir Antonov the door. Which seemed a bit harsh; after all, there seemed no evidence to support accusations of links to organised crime by Vladimir or Convers Bank.
Supermarkets cut diesel prices
Mon, 09 Jun 2014SUPERMARKETS seeking to close the gap between the price of petrol and diesel have announced reductions at the pumps. Asda, Sainsbury's and Tesco have all knocked up to 2p a litre off diesel prices over the weekend. Asda said that those filling up with its diesel would be paying no more than 131.7p a litre.