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Nurburgring sold to German parts maker Capricorn Group for £83.5 million

The Nurburgring has been saved from bankruptcy The Nurburgring complex in Germany – home to many a car makers test centre and beloved of wannabe racers – has been saved from bankruptcy with an £83.5 million deal. German parts maker Capricorn Group have stumped up over £83.5 million to buy the Nurburgring complex which includes the famous 13 mile North Loop Track as well as the Grand Prix Circuit and have committed to spending and additional £21 million to further develop and improve the site. The Nurburgring track fell in to bankruptcy back in 2012, and it looked for a while as if the whole thing could be closed down, but bids from Capricorn Group and one other have saved the day, with Capricorn winning out with the bigger bid.

2014 Jeep Liberty prototype caught in spy photos

The vehicle in these photos might resemble an Alfa Romeo Giulietta from some angles, but the raised ride height, chunky all-terrain tires and slotted grille hiding behind the camouflage suggest a prototype of the 2014 Jeep Liberty. Code-named UJ, the new Jeep Liberty will be built at Chrysler's Toledo, Ohio, assembly plant. A new 3.2-liter V6 will power the Liberty, which will come with a nine-speed automatic transmission.

NHTSA upgrades probe of 1.2 million Toyota Corollas, Matrixes

Federal regulators have upgraded an investigation of as many as 1.2 million Toyota Corollas for possible engine stalling. Consumers have filed 1,101 complaints about Corollas and Corolla Matrixes for 2005-07 models, the National Highway Traffic Safety Administration said in a filing on its Website. “The engine can stall at any speed without warning and not restart,” NHTSA said in describing the problem.