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guangzhou, 广东省, China
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Nürburgring sold for £83m to German auto tech group (2014)
Wed, 12 Mar 2014By Ollie Kew Motor Industry 12 March 2014 11:00 The Nürburgring racetrack in Germany has been sold to German automotive and aerospace technology conglomerate, Capricorn Group, for a figure in excess of €100m (£83m), it has been announced. The Capricorn bid narrowly beat a rival offer from HIG Europe by virtue of its ‘higher purchase price and good prospects for the region’. For now, it’s business as usual.
Hoon Small! Fiat 500 Abarth to start at $22,000
Wed, 11 Jan 2012Fiat's U.S. arm is hoping that the Abarth-tuned antisocial edition of its diminutive 500 will inject some heat into the model's disappointing sales figures. Pricing it starting at $22,000, not including destination charges, should make the heated, tiny Italian more compelling to hot-hatch enthusiasts.
New BMW M1 isn’t happening
Fri, 16 Dec 2011BMW won’t be building a new M1 A new BMW M1 Supercar has been mooted for some time – BMW even produced the M1 Homage in 2008 – but it’s not going to happen. We’ve expected BMW to bite the bullet at some point and recreate its mid-engined M1 Supercar. After all, car makers like a halo and, although BMW has some very impressive cars, they don’t really have anything like the Mercedes SLS.