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VW has received several tentative bids for Ducati

Italy's Benetton family is vying with motorbike firms and buyout funds for control of Italian motorcycle brand Ducati, which is being sold by Germany's Volkswagen, sources involved in the process told Reuters. Volkswagen, whose Audi division controls Ducati, has received several tentative bids with the Benetton family's investment vehicle Edizione Holding valuing the Monster motorbike maker at $1.2 billion, one of the sources said. As well as Edizione Holding, U.S. buyout fund Bain Capital, which owns a stake in Ski-Doo snowmobiles maker BRB, and two Indian motorbike firms, Eicher Motors and Bajaj Auto, have also bid for Ducati, the sources said. Indian carmaker Eicher controls Royal Enfield, a motorcycle brand established in 1893 which ranks as one of the oldest. Strategic bidders also include U.S. automotive firm Polaris Industries, which earlier this year said it would wind down its struggling Victory Motorcycle brand. A shortlist of bidders for a second stage of the auction could be selected as soon as Saturday, two of the sources said. Volkswagen adviser Evercore has a long list of bidders including private equity funds such as Ducati's previous owner Investindustrial, CVC Capital Partners, Advent and PAI, all hoping to outbid industry players, the sources said. If it gets to the second round, Edizione Holding could seek to form a consortium with a financial investor, two of the sources said, in a bid to secure control of Ducati, whose racers have won the Superbike world championship 14 times, with Carl Fogarty and Troy Bayliss its most successful riders. Audi, Edizione Holding, Investindustrial, Advent and PAI declined to comment, while the other interested groups were not immediately available for comment. PRICING CHALLENGES For some buyout funds, Ducati's valuation of up to $1.4 billion – which sources said is based on a multiple of more than 10 times its core earnings of roughly 100 million euros – is a tall order as they lack the synergies that some motorbike makers could achieve. But Investindustrial founder Andrea Bonomi, who sold Ducati to Audi for about 860 million euros in 2012, is serious about a comeback, one of the sources said. China's Loncin Motor was among a group of industry players that initially showed interest in Ducati, alongside Harley-Davidson. The latter has, however, decided against making a bid due to Ducati's price tag, while it could not be established if Loncin Motor had carried on bidding.

Ducati channels the Lamborghini Sian's design DNA into the 1260 Diavel

Lamborghini purchased Ducati in 2012, but the two companies waited until 2020 to release a jointly-developed motorcycle. It's a limited-edition variant of the 1260 Diavel inspired by the sold-out Sian FKP 37. Stylists from the Centro Stile Ducati and the Centro Stile Lamborghini — studios located within a stone's throw of each other — worked together to transfer some of the Sian's defining styling cues onto the 1260 Diavel. Fins, vents, and sharp lines characterize the Lamborghini, so the Ducati received redesigned air intakes on either side of the fuel tank and reshaped radiator covers. The add-ons are made with carbon fiber, like the Sian's body. Color forges the strongest visual links between the 1260 Diavel and the Sian. It rides on forged, gold-painted wheels that echo the design of the car's rims, and it's painted in the same shade of green as the Sian that was displayed at the 2019 edition of the Frankfurt Auto Show. Lamborghini pledged to make every example unique, so other colors are on the palette, but Verde Gea is the launch color that many enthusiasts associate with the car. As wild as a V12-powered motorcycle would be, Ducati wisely kept the regular Diavel's 1.3-liter two-cylinder engine. It produces 157 horsepower at 9,000 rpm and 95 pound-feet of torque at 7,500 rpm, which are hugely impressive figures for a bike that weighs about 485 pounds. It's not as daunting to ride as it might sound thanks in part to electronic aids like Ducati Traction Control Evo, Cornering ABS Evo, and Ducati Wheelie Control Evo that are powered by a six-axis inertial measurement unit (IMU) platform provided by Bosch. A total of 630 units of the Ducati 1260 Diavel Lamborghini will be available globally. Pricing starts at $31,995, so it's about $11,000 more expensive than the base model, and deliveries will begin in January 2021. Enthusiasts who want the full collection of Sian-inspired products can also order a 4,000-horsepower yacht and a 1/8-scale Lego kit. lamborghini-sian-official-6 View 18 Photos What's a Sian? Offered as a coupe and as a Roadster, and sold-out almost immediately, the Sian stands out as Lamborghini's first series-produced hybrid, and as the most powerful street-legal car the firm has ever released. Its powertrain consists of a mid-mounted, naturally-aspirated V12 engine and an electric motor integrated into the transmission.

Infiniti takes QX60 on vacation for National Lampoon-inspired ad

Infiniti is packing up its version of the Wagon Queen Family Truckster for a new ad inspired by the American comedy classic National Lampoon's Vacation. Well, actually the 30-second spot replaces the green station wagon with a QX60, but the commercial does a great job of evoking the movie in a short time. The release timing is clearly perfect too given the remake hitting theaters on July 29 with Ed Helms and Christina Applegate. Infiniti's ad replicates one of the film's memorable scenes, but it replaces Chevy Chase behind the wheel of the Family Truckster and Christie Brinkley in a Ferrari 308. Instead, we get Ethan Embry in a QX60 and a blonde in a Lamborghini Gallardo droptop. The slight twist at the end really makes the commercial work, though. The ad starts airing nationally on July 9, but you can watch it streaming above now. Beyond just the surface-level homage, Infiniti gives the spot a slightly deeper connection to the Vacation series. In 1997's Vegas Vacation, Embry played Rusty. INFINITI DEBUTS NEW QX60 "VACATION" AD CAMPAIGN Infiniti recreates famous scene from "National Lampoon's Vacation" in 30-second commercial with 2015 QX60 Luxury Crossover Commercial stars Christie Brinkley and Ethan Embry Campaign includes extensions in digital and social media NASHVILLE, Tenn. – Infiniti has released a new campaign for the 2015 QX60, inspired by the 1983 classic "National Lampoon's Vacation" which coincides with the July 29 release of Warner Bros. Studio's remake. The campaign begins with a TV commercial starring the original movie's car-loving blonde bombshell and supermodel, Christie Brinkley, and puts a spin on the famous movie scene as the modern day family heads to Walley World. In the national spot titled "Vacation," Ethan Embry (who notably starred as Rusty in "Vegas Vacation") loads his family in the roomy 3-row QX60 and hits the road for Walley World. While on the road trip, Ethan looks in his side view mirror and sees an attractive blonde in a sports car fast approaching. As Ethan and the blonde keep up with each other on the highway, Christie Brinkley is revealed as his wife who catches this action and ends the scene with an ironic response: "Honey, a blonde in a convertible? Seriously?" The popular Infiniti QX60 continues to stand out in the premium crossover segment, excelling in the areas that luxury crossover buyers desire most – interior versatility, roominess, available safety, and available advanced hospitality features.