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Ukraine Crisis Could See Fuel Prices Soar

THE RAC has said that the current crisis in Ukraine will see a rise in petrol and diesel prices in the coming weeks. It said fuel traders had already begun to buy up stocks to guard against being caught out in the event of the situation worsening. Furthermore, this will cause prices to increase due to a tightening in supply.

Visteon reveals e-Bee 2020 mobility concept

Visteon has unveiled its new e-Bee concept at the Electronica 2012 Trade Fair in Munich. The e-Bee is a study of mobility in the year 2020 and explores alternative transport ideas such as car-sharing and short-term rental as well as intelligent mobility. Predictable vehicle architecture is transformed by moving the climate system outside, reducing the e-Bee's weight, increasing the cabin space as well as providing easier access to comfort and infotainment features.

Nürburgring sold for £83m to German auto tech group (2014)

By 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.