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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.
Once there were Singers, and Jowetts and Rileys, then came the Mini--from the AutoWeek archives
Thu, 27 Aug 2009Editor's note: As Mini celebrates its 50th birthday, it's the perfect time to revisit Kevin A. Wilson's insightful look at the fall of the British auto industry. This article was first published on March 8, 1993.
Lamborghini Aventador drives record Lamborghini sales in 2013
Wed, 12 Mar 2014Record Aventador sales drive Lamborghini’s turnover It would not have been unreasonable to think that Lamborghini’s turnover for 2013 would be less than 2012, especially as the Gallardo was about to be consigned to the history books to make way for the Huracan. But nothing could be further from the truth. In fact, despite the Gallardo’s demise at the end of 2013, Lamborghini managed to increase its turnover in 2013 to €508 million – up €39 million on 2012 – and break records for V12 sales in the process.