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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.
Who's Where: Maximilian Missoni joins Volvo as exterior design chief
Tue, 08 Jan 2013Maximilian Missoni has been appointed exterior design chief at Volvo Cars. He will report to exterior design director Fedde Talsma and to Thomas Ingenlath, vice president design. 34-year-old Austrian-born Missoni joins the Swedish carmaker from Volkswagen where he worked from 2002, first working in Wolfsburg as a designer before being appointed senior exterior designer at the company's Advanced Design Center in Potsdam.
Toyota Hydrogen Fuel Cell Saloon revealed
Wed, 25 Jun 2014The final design of Toyota’s Hydrogen Fuel Cell saloon is revealed The final design of the production version of the Toyota Fuel Cell Saloon has been revealed ahead of its arrival in the UK next summer, and it’s not a million miles away from the Toyota FCV Concept we saw last year at the Tokyo Motor Show. It’s not the best-looking car on the planet – the back, in particular, does seem a bit muddled – but it’s what’s under the skin that matters and that the FCEV is, subject to a proper refuelling infrastructure, a move forward for transport in a way BEVs will never be. The Toyota Fuel Cell saloon will offer performance and range very similar to an ICE car and, more importantly, can be refuelled in the same sort of time as an ICE car, which means electric car benefits with none of the range anxiety concerns that put most buyers off.