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Nürburgring sold for £83m to German auto tech group (2014)
Wed, 12 Mar 2014By 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.
Jaguar Land Rover lands Nokia's Damien Dinning
Tue, 27 Nov 2012Jaguar Land Rover has acquired the services of Nokia's chief imaging head Damien Dinning, who it hopes will advance its connected car systems. Dinning, who has been with the Finnish technology giant since 2004, took the decision to leave because of his reluctance to relocate his family from the UK to Finland. In an open letter published on PureViewClub he said, "My experience in telecoms and smartphones provides me with a great opportunity to make a difference in a company whose own development is inspiring at a time of great change.
BMW PAS concept (2009) teaser video
Fri, 30 Jan 2009By Ben Pulman First Official Pictures 30 January 2009 11:15 This is BMW’s first video tease of its new PAS concept, which will be unveiled at the Geneva motor show on 3 March 2009. Unfortunately the video only features cartoon drawings and a narration that explains why BMW boffins think the PAS is a good idea. Worryingly, by the end of the video the PAS actually starts to make (a little) sense.