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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.

Book captures Ford's Farley launching F-bomb at GM

A new book about the Detroit auto industry rebuilding itself is showing that old rivalries are still alive and kicking in the Motor City. In Once Upon a Car by Bill Vlasic, Ford Motor Co.'s marketing chief lobs an F-bomb at General Motors. "We're going to beat on them, and it's going to be fun," the book quotes Jim Farley, Ford's group vice president of global marketing, sales and service, as saying.

Corvette Central: Revamped C7, radical mid-engined C8 in GM's plans

General Motors is mulling a radical re-engineering for the Chevrolet Corvette, centered on a more fuel-efficient, mid-engined V6 powertrain, a lightweight alloy body and a more compact footprint. The idea is to re-energize GM's ambition for the Corvette, with fundamental changes that will make it into a contemporary global supercar. The changes are penciled into GM's product plan for the next major model change, the C8, with an on-sale date around 2016.