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Troubled Nurburgring race track finds buyer

Rex 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.

Crunch watch Nov 09: the auto industry in crisis

Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 30 November 2009• Saab's future is likely to become clearer tomorrow when the GM board meets in Detroit. It will have to decide whether to seek a new buyer or put Saab into liquidation (Financial Times)• Don't rule out an eastern bid for Saab: Beijing Automotive is still interested in buying the Swedish car maker despite its joint bid with Koenigsegg hitting the rocks, reports Automotive News.

2012 Volvo S60 & XC60 R-Design get more oomph

Volvo V60 R-Design - finally, more get up and go We’re quite partial to the Volvo S60 (actually, we’re even more partial to the Volvo V60) and we like how Volvo’s R-Design pack makes a real impact without making the car look like a boy racer’s wet dream. What’s also nice – in this age of parsimony – is that even if you opt for a lowly diesel version you can still have a Volvo that looks like it gets there in a hurry, even if it doesn’t. But our preference is always for a bit more power, especially if all the visual cues make you smile in anticipation, so we have been know to bemoan the lack of any sort of power boost – even as an add-on option – on Volvo’s R-Design cars.