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Troubled Nurburgring race track finds buyer

Rex The legendary Nurburgring race track in Germany is set to be bought out by a consortium led by private investment group HIG capital, it emerged on Friday. The circuit has been burdened with enormous debts, went into administration in 2012, and has been looking for a new owner since last spring. HIG’s move will hopefully allay fears of car enthusiasts around the world, who visit the historic 13-mile track in droves to test the limits of both their car’s handling and their own skill.

Analysis: why GM is pulling Chevrolet out of Europe

The news that Chevrolet is to leave the western European car market (while staying in eastern Europe and Russia) is not a huge surprise, but it provides an interesting contrast to the success of fellow Koreans, Hyundai and Kia. “Fellow Koreans?” you might say, “but isn’t Chevrolet American?” Yes and no. The Chevrolets we were getting were all made in Korea in the factories that used to be owned by Daewoo, except for the handful of Camaros and Corvettes, which were authentically American.

Autoweek in review

On Monday, Ford and GM announced they would work together on nine- and 10-speed transmissions, we found out how to outrun a dust storm in a Lexus LFA and legendary driver Stirling Moss made some interesting comments. The embargo on the Jaguar F-Type broke on Tuesday, we learned about a documentary on the Pebble Beach Road Races and Porsche showed off its 911 RSR for race duty. On Wednesday, pictures of the next Lamborghini Aventador slipped out on the Web, the Mercedes GLA concept was revealed and the Flat Rock, Mich.