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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.

Ford Fusion

NAIAS saw the unveiling of Ford's new Fusion sedan. By adopting the global 'One Ford' design language, Ford is hoping the midsized sedan will build on its D-segment sales with just one product, with this car also replacing the European-market Mondeo. The Fusion is the first production car to adopt the Kinetic 2.0 design language debuted by the EVOS concept at Frankfurt in 2011.

Ebay-GM partnership generates interest but limited sales

General Motors Co.'s effort to sell new cars on eBay in California is generating interest but recording few sales on the Internet auction site. In the first nine days of the program, GM dealers listed 16,228 vehicles on eBay and completed 45 sales, according to data available on the Web site. But GM said the eBay exposure is prompting customers to visit dealerships to complete sales that aren't recorded on eBay.