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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.

OFFICIAL: Jaguar F-Type Coupe Los Angeles debut

The Jaguar F-Type Coupe (pictured) will debut at the Los Angeles Auto Show The Jaguar C-X16 – the first look we had at the F-Type – was revealed two years ago at the Frankfurt Motor Show, and despite the F-Type Roadster arriving at the Paris Motor Show last year we still haven’t had the debut of the F-Type Coupe. But now Jaguar are finally ready to reveal the production version of the F-Type Coupe. It looks like Jaguar have planned a reveal for the F-Type Coupe similar to the one Land Rover did for the new Range Rover Sport – when Daniel Craig drove the new Sport across New York ahead of the opening of the show – as they tell us the F-Type Coupe will arrive on the eve of the Los Angeles Show.

Fiat dual-clutch transmissions are planned for North American products

During the next five years, Chrysler Group's powertrain lineup will be transformed from one dominated by larger-displacement engines to one dominated by Fiat-derived four-cylinder engines, V6s and, eventually, electric vehicles. Chrysler also said Wednesday that it will add Fiat-designed dual-clutch transmissions in its North American products. The company also will launch its new Pentastar V6 engine on the 2011 Jeep Grand Cherokee in the second quarter next year, said Paolo Ferrero, Chrysler's powertrain chief.