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TVR goes off the rails

By Tim Pollard Motor Industry 02 January 2007 03:25 British sportscar manufacturer TVR is fighting for survival after crashing into administration over Christmas. Blackpool Automotive Ltd, TVR's manufacturing arm, has stopped building cars at the Blackpool HQ, its home since 1947. Around 250 members of staff stayed at home this week, waiting to discover their fate.

Audi to buy Ducati – the four rings expands from four wheels

Audi 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.

Whos Where: Pierre Castinel is Head of Design at Tata

Indian automaker Tata has been front page news often in recent times, first because of the impressive one-lakh Nano, which changes the automotive industry playing field, and most recently because of its acquisition of Jaguar and Land Rover from Ford's Premiere Automotive Group for the tidy sum of $2.3 billion - less than half what Ford paid for both companies in 1989.  At the helm of Tata's design efforts is Pierre Castinel, Head of Design. Though only officially announced in March this year, Castinel has been active at Tata since he left Renault in summer 2007, a company he worked at for 20 years. Castinel started as a modeler for Peugeot and worked there for three years.