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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.

Mazda to halt Mazda 6 output in Michigan

Mazda said Monday it will stop building the Mazda 6 at its AutoAlliance International joint venture plant with Ford Motor Co. in suburban Detroit after the sedan's current life cycle. Mazda Motor Corp.

Volkswagen builds 30 millionth Golf (2013)

VW has built its 30 millionth Golf. The milestone car, a Mk7 TDI Bluemotion model, rolled off the Wolfsburg production line today (14 June 2013) and will be displayed at the factory’s open day to celebrate. On average, 2000 Golfs have been sold worldwide every day since its 1974, according to VW’s maths. Over the past 39 years there have been seven generations of Golf, from the Giugiaro-styled original right up to today’s range, which offers 227bhp in GTI Performance form, or 88mpg in the case of the Bluemotion.