Italian Car News--4.19.12

Piech Ducati Toy Seen Overloading Volkswagen's Full Plate Bloomberg The 860 million-euro ($1.1 billion) deal for the exotic Italian motorcycle maker, which was approved yesterday by the Piech-chaired VW supervisory board, raises the number of VW nameplates to 11 and stretches the automaker's product range from ... See all stories on this topic » Bloomberg

VW's Audi buys Ducati to expand brand portfolio Reuters | BERLIN, April 18 (Reuters) - Volkswagen's Audi division said it agreed to buy Italian motorcycle maker Ducati, adding a 12th brand to the German auto maker's portfolio of passenger cars, trucks and ultra-luxury vehicles. The 20-member supervisory ... See all stories on this topic »

Volkswagen's Audi Acquires Italy's Ducati Motor Reportedly For $1.1 Bln RTT News (RTTNews) - German auto giant Volkswagen AG's (VLKAF.PK: News ,VKW.L: News ) premium car division Audi AG (AUDVF.PK: News ) acquired Wednesday Italian luxury motorbike maker Ducati Motor Holding SpA from its owner Investindustrial SpA for undisclosed ... See all stories on this topic »

Audi Takes On BMW With North American Plant, Ducati Acquisition Wall Street Journal XE) face-to-face by expanding into the motorcycle segment through the acquisition of Italy's Ducati Motor Holding SpA and by starting to produce cars in North America from 2016 on. "Mexico offers an excellent economic basis for Audi production ... See all stories on this topic »

Audi Agrees to Buy Ducati New York Times FRANKFURT — Audi, the luxury car unit of Volkswagen, said Wednesday that it had agreed to acquire the Italian motorcycle maker Ducati, gaining a foothold in a growing market as well as expertise in building small, high-powered motors. See all stories on this topic » New York Times

Tax fraud spot checks scare off Ferrari, Maserati customers CarAdvice By Tim Beissmann | April 19th, 2012 An Italian industry group says low sales of Ferrari and Maserati sports cars in their homeland this year are directly related to the new government's widely publicised tax fraud spot checks and increased vehicle ... See all stories on this topic » CarAdvice

Italy's Fondiaria fight leaves minorities in the cold Reuters Under Ligresti ownership, Fondiaria, Italy's biggest car insurer, has seen its market value shrink over the last five years to 498 million euros from over 5 billion euros. In 2011 it shocked the market with a loss of more than 1 billion euros. See all stories on this topic »

Ferrari hurt by crackdown on tax fraud Sydney Morning Herald Italian car dealers have called on the Government to take a "step back" on a campaign to pull over luxury car owners and investigate them for tax fraud. A series of spectacular raids on luxury car owners in the carparks of swish Italian resorts has ... See all stories on this topic »

Audi buys high-end motorcycle maker Ducati USA TODAY Ducati would complement Audi's luxury-car lineup -- and its Italian Lamborghini sports car and Italdesign auto design units -- with products such as the $23000 Superbike 1199 Panigale S (in the photo above with an Audi R8). It also brings expertise in ... See all stories on this topic » USA TODAY

Audi Acquires Motorcycle Maker Ducati Wall Street Journal (blog) By Jonathan Welsh German luxury car maker Audi, a unit of Volkswagen AG, said it acquired Italian motorcycle company Ducati Motor Holding SpA from Investindustrial Group. The move ends months of speculation about the rumored deal. See all stories on this topic »

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