Speed Read

Published Thursday July 17th, 2008
A1

VW's U.S. plant to build Audis, Porsches

Newspaper USA Today reported that automaker Volkswagen will decide by July whether to build its new U.S. plant in Tennessee, Alabama or Michigan. The factory, which will open by the end of 2010, "is likely to also make upscale Audis and Porsches," the newspaper reported. Germany's VW AG, the parent company of Volkswagen and Audi, is 31 per cent owned by Porsche, and VW AG wants to triple U.S. sales of Volkswagen and Audi by 2018.

Ferrari convertible sells for US $10.9 million, sets world record

A black 1961 Ferrari California convertible (photo a) that used to belong to actor James Coburn sold for US $10,894,900 at an auction in Maranello, Italy, May 17.

It was the highest recorded price for any car ever sold at auction, according to Sotheby's and RM Auctions, the two companies that collaborated on the sale. The car, which sold for more than double its pre-auction estimate, was purchased by British TV and radio personality Chris Evans. The previous auction record was set in 1990, when Sotheby's sold a 1962 Ferrari 250 GTO in Monaco for US $10,756,000.

Patriots football players will be driving new Audis

Audi of America, Inc. and New England Patriots quarterback Tom Brady presented each of Brady's five starting offensive lineman with a new Audi Q7 sport ute. During a press conference, linemen Matt Light, Stephan Neal, Dan Koppen, Logan Mankins and Nick Kaczur were given the vehicles to thank them for their support of Best Buddies International and their play during last season. The Patriots were undefeated in the regular season.

Best Buddies is a nonprofit organization dedicated to enhancing the lives of people with intellectual disabilities by providing opportunities for one-to-one friendships and integrated employment.

Brady is the honorary chairman and celebrity ambassador of the Audi Best Buddies Challenge: Hyannis Port, a charity bike ride to raise money for individuals with intellectual disabilities.

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