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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.

BMW Concept CS (2007) first official pictures

By Jack Carfrae First Official Pictures 19 April 2007 07:42 BMW Concept CS - a landmark BMW concept This is the very latest offering from Munich's design studios - and it points to a bold new design future post-flame surfacing. The landmark Concept CS show car is a luxury four-door GT primed to kickstart a new look for future BMWs. The unveiling of the Concept CS marks a revolutionary shift for the marque.

Saab owners Spyker NV to become Swedish Automobile NV

Is the rain coming to an end at Saab? In the seemingly never-ending saga of Spyker and Saab it does now seem likely that the deal we reported last week with Chinese distributors Pang Da is going to pan out. The messy-looking deal with Pang Da has seen the beleaguered Dutch car maker receiving €30 million already from the cash-rich Chinese, which it’s using to pay-off its suppliers in an attempt to get production lines rolling again in Trollhattan.