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Nurburgring redesign plans unveiled

By Ben Barry Motor Shows 13 November 2008 09:19 Anyone who’s been to the Nurburgring recently will have seen building work on a massive scale. So what’s going on? It’s all part of a €215 million investment that’ll see Europe’s most famous race track build on its uber track day reputation to become what marketing boss Stephan Cimbal describes as a motorsport theme park that’s open 365 days a year.

2012 Ford Focus

Ford revealed the all-new third generation Focus at the Detroit auto show last week. The C-segment vehicle is the latest evolution of the Ford kinetic design form language that has been developed by the team at the company's Merkenich design center near Cologne in Germany, under the leadership of executive design director Martin Smith. With a more dynamic form language bringing the vehicle in line with its smaller (Fiesta) and larger (Mondeo) siblings, the new Focus has been engineered to meet all customer and legislative requirements of the major worldwide markets.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.