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Troubled Nurburgring race track finds buyer
Fri, 07 Mar 2014Rex The legendary Nurburgring race track in Germany is set to be bought out by a consortium led by private investment group HIG capital, it emerged on Friday. The circuit has been burdened with enormous debts, went into administration in 2012, and has been looking for a new owner since last spring. HIG’s move will hopefully allay fears of car enthusiasts around the world, who visit the historic 13-mile track in droves to test the limits of both their car’s handling and their own skill.
Jaguar executive O'Driscoll to retire in March
Mon, 11 Oct 2010Mike O'Driscoll, the managing director at Jaguar Cars, has announced his plan to retire at the end of March 2011. O'Driscoll, 54, moved to the United Kingdom to lead the company's brand after Ford announced its plan to sell Jaguar and Land Rover. While there, he managed the introduction of the XF, the XK, and the XJ.
Mercedes CLA: The Video
Thu, 17 Jan 2013With the new Mercedes CLA – the four-door coupe version of the new Mercedes A Class – revealed, we get the first video of the baby CLS. That USP is the slick ‘Baby CLS’ look that will appeal not only to downsizers wanting a ‘proper’ Mercedes as an option, but those looking for a properly stylish, small luxury car. And for those buyers, the new Mercedes CLS fits the bill.