Volkswagens Audi buys Ducati motorcycles ? Business ? Autos ...

?? Volkswagen?s Audi division said it agreed apt buy Italian motorcycle producer Ducati,increase a 12th brand to the German auto maker?s portfolio of passenger cars, trucks and ultra-luxury vehicles

The 20-member supervisory board of Europe?s largest car maker approved the buy aboard Wednesday,air jordan, Audi said surrounded a statement. It did not expose details of the knob,nevertheless sources told Reuters on April 17 that Audi agreed to buy Ducati for almost $1.13 billion.

Ducati, which has won 13 rider?s Superbike World Championships since 1988,longing extend Audi?s long-standing tournament with BMW to superbikes.

?As a sporty,global bonus brand, Ducati namely an noted eligible for Audi,? the company?s capital Rupert Stadler said

Audi outsold Daimler?s Mercedes-Benz last anniversary and has vowed apt surpass BMW as the altitude blot amid elegance automobile sales this ten-year

Audi mentioned it aimed to complete the purchase of Ducati from Italy?s Investindustrial as immediately as feasible once it has received acceptance according the relevant regulators.

Analysts have questioned the Ducati purchase saying the move bears no economic alternatively industrial logic and solely reflects VW Chairman Ferdinand Piech?s passion for the Italian company?s expertise on chart and light engines.

?I can?t think of a concrete reason for Audi to warrant a affair case as buying Ducati,burberry purse,mentioned Stefan Bratzel,consultant of the Center of Automotive at the University of Applied Sciences among Bergisch-Gladbach.

?Ducati doesn?t enhance Audi?s business prototype among any access it?s equitable a trophy among the walls cabinet,? he added

Ducati likewise brings in liabilities of well beneath 200 million euros,an lawful told Reuters.

Ducati makes almost 40,000 two-wheelers a yearly across its range of cruiser, supermoto,timberland melbourne, adventure, naked and superbikes that include the masculine Diavel and dual sport Hypermotard. By comparison, industry actuator Honda sold over 16 million motorcycles last year

Investindustrial bought Ducati among 2006 and has since grown the motorbike maker?s annual revenues forward 37 percent apt 480 million euros. Ducati had earnings along interest,levy depreciation and amortisation of 51 million euros last yearly

?We deem that Audi is the best associate apt continue the process of globalisation that namely but successfully underway,burberry for sale,? Andrea Bonomi, chairman of Investindustrial,louboutin pumps,said

Under Piech, who looks set apt win re-election as chairman along VW?s annual common meeting surrounded Hamburg aboard Thursday, VW expanded its dynasty apt include everything from fuel-efficient metropolis cars apt 40-tonne trucks.

The Wolfsburg-based car maker is currently seeing as ways to buy a remainder of 50.an percent of sports-car maker Porsche and said aboard April 13 that it further raised its majority stake amid truck producer MAN.

Copyright 2012 Thomson Reuters. . Related articles: Surprising Chrysler makes most of second chance ? The Limited 50% Off 3 Items (327-329) ? Hip2Save Why are these toys being sold ? Business ? Consumer news ? ConsumerMan ? msnbc.c Why are these toys being sold ? Business ? Consumer news ? ConsumerMan ? msnbc.c

Source: http://pyaardosti.com/volkswagens-audi-buys-ducati-motorcycles-business-autos-msnbc-com

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