We chatted with Volkswagen's Head of Powertrain Development, Dr. Heinz-Jakob Neusser, at the 2014 Detroit Auto Show. Here's what he had to say about the future of his brand.
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Watching this with interest. Each time I see an image of this car it looks better and better...
Remember our previous report about the Ducati-powered XL1? Well, like all projects initiated, approved or touched by Ferdinand Piech, it will materialize. According to high-ranking insiders from the VW Group, the performance-version of the XL1 will likely be called the XLR and will feature a two-cylinder petrol engine from the Ducati 1199 Panigale superbike.
VW’s head of R&D, Hans-Jakob Neusser, toldAutocar that engineering, development and testing of the Ducati-engined XL1 is well underway. “Yes, we are working on it internally. It is a very special project,” Neusser said. Although he declined to confirm when the new car would be revealed, chances are it could debut at the 2014 Geneva Motor Show, possibly followed by a small production run.
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The Geneva show is March 6 - 16, 2014...
Ducati, it’s clubs and employees delivered to the mayors of Finale Emilia, and San Crevalcore Possidonio three Volkswagen buses purchased with the proceeds of grass roots fundraising to help victims of the recent earthquakes in the region.
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“After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/20043......
And with those words, Audi officially becomes the owner of Ducati Motor Holding and the company enters what is widely regarded to be a new phase. Since 1996 when Texas Pacific Group bought the company from the Castiglioni Brothers, Ducati has been in the hands of professional money people and while it’s safe to say there was some passion for the brand, the ongoing focus for the last 17 years, was to prepare the company for it’s inevitable new owners.
For the rest of Vicki's Blog "The Dawn Of A New Day" click HERE
Luxury motorbike manufacturer joins Audi, Bentley, Bugati and Lamborghini as VW aims to dominate the global auto industry.
Volkswagen AG’s Audi luxury car unit, flush with cash and hungry for growth, is buying the maker of Ducati motorcycles for a reported $1.1 billion and spending at least another $1 billion on a new factory in Mexico to support its ambitious expansion effort.
The addition of Ducati Motor Holding SpA, the Italian luxury motorbike manufacturer, brings to 11 the number of brands in Volkswagen’s global portfolio (not counting its 49 percent stake in Porsche, which it plans to fully acquire by the end of the year). The German carmaker produces VW, Audi, Seat, Skoda, Bentley, Bugatti and Lamborghini automobiles as well as commercial trucks under the VW, Scania and Man nameplates....more on the link above
(Reuters) - The private equity fund controlling Ducati said on Monday this was an important week for the sale of the Italian motor cycle manufacturer, which is being courted by Volkswagen's VOWG_p-DE luxury unit Audi....more here: http://www.reuters.com/article/2012/04/16/italy-ducati-idUSL6E8FG8HP20120416
(Reuters) - For those who don't know him well, Ferdinand Piech's recent retreat from the limelight might be seen as a sign the Volkswagen (VOWG_p.DE) chairman was preparing to step back from leading the car-maker that aspires to be the world's biggest.
Piech didn't show up at the Detroit motor show in January and shunned the media last month at the VW group night in Geneva, an annual fixture in his calendar where Europe's largest carmaker traditionally boasts about its new products.
But even after 18 years at the helm of VW, nine of which as chief executive officer, it's wrong to assume the mastermind of VW's global expansion is tired of his work, in poor health, or on his way out, officials at the company said, although they chose not to explain his absences.
Instead, the canny strategist is expected to receive shareholder backing for a third term as chairman at the annual general meeting on Thursday, two days after he turns 75. If Piech serves out the five-year period, the balding Austrian will become the oldest-ever chairman of a listed German company.
"Piech is still the undisputed leader of VW," Helmut Becker, a former chief economist at Bayerische Motoren Werke (BMWG.DE) who now runs a consulting business in Munich, told Reuters. "He has his finger in every pie that VW management bakes."