Audi pays $1.1b for luxury Italian motorcycle company Ducati
April 18, 2012 at 1:02 PM by AHN · Leave a Comment
Linda Young – AHN News Writer
Berlin, Germany (AHN) – German automaker Audi bought Italian motorcycle maker Ducati known for its luxury two-wheelers ridden by famous figures, including Brad Pitt.
Volkswagen AG (VOW)’s Audi will buy Italian motorcycle maker Ducati Motor Holding SpAg for $1.1 billion, which includes $203 million in debt.
Bologna, Italy-based Ducati manufactures about 40,000 bikes per year.
The luxury motorcycles carry a price tag of around $28,000, depending on model.
Article © AHN – All Rights Reserved
Thanks for rating this! Now tell the world how you feel via Twitter.
How does this post make you feel?
- Excited
- Fascinated
- Amused
- Bored
- Sad
- Angry
