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PREMIUM CARS IN DEMAND DESPITE RISING FUEL PRICES

THE RECENT sustained surge in UK petrol prices is not having a detrimental effect on the market for used luxury cars, large prestige SUVs and supercars, that’s according to industry experts Glass's. Current pump prices are at record highs, however whilst the value of a typical family car has risen by at least two per cent since January, large 4x4s have registered a rise of twice this amount. Also faring well during this period are luxury cars and supercars, which have followed the upward trend of family cars.

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.

2012 Buick Verano stickers for $23,470

Buick has stamped the compact 2012 Verano sedan with a $23,470 base price, including destination. Set to go on sale later this year, the Verano comes in three trim levels that use a 2.4-liter, four-cylinder engine and a six-speed automatic transmission. The top-level Verano costs $26,850 with destination.