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Nürburgring sold for £83m to German auto tech group (2014)

By 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.

2013 Hyundai Santa Fe revealed

2013 Hyundai Santa Fe arrives on Twitter The 2013 Hyundai Santa Fe – the car we thought would be the Hyundai ix45 – has been revealed ahead of a debut at the New York Motor Show in April. If there’s a design hole in the Hyundai range – the one car Hyundai hasn’t bashed with its ‘Fluidic Stick’ – it’s the Santa Fe. But that looks set to change at next month’s New York Motor Show with the reveal of the 2013 Santa Fe.

New Saab 9-3 leaks – Saab’s future?

New Saab 9-3 leaks It makes a change to have a Saab story that isn’t more doom and gloom and financial meltdown, but it does seem a bit of a coincidence that an image of the new Saab 9-3 should surface on the day Saab reveals the Chinese investment plans to put Saab back on its feet. Still, casting our cynicism aside, the new Saab 9-3 will be a key part of the plans to revive Saab – but this leaked photo isn’t the first news we’ve had of the new 9-3. Apart from Victor Muller’s musings about Saab’s future, we saw a proper concept of the new 9-3 back at Geneva in the Spring when Saab called the Saab PhoeniX (the 9-3 Concept) an ‘Aeromotional Design’ and managed to allude to Saab’s background in fighter planes by saying the PhoeniX  ‘liquid metal’ forms and a dramatic jet canopy-inspired glasshouse’.