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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.
Whos Where: Peter Schreyer to head Kia Design
Mon, 31 Jul 2006In what's regarded as a major boost for Korean car maker Kia, it has been confirmed that Peter Schreyer will be moving from Volkswagen AG to lead Kia's global design operation. Schreyer will oversee the design activities of the company's regional design centers in Frankfurt, Los Angeles and Tokyo as well as the Namyang Design Center in Korea. While Schreyer's move to Kia comes across as a big surprise for many within automotive design circles, his departure from Volkswagen doesn't.
Citroën Survolt Francoise Nielly art car displayed at C_42, Paris
Tue, 19 Oct 2010Citroën's C_42 building on Paris' world famous Champs-Elysées has launched its new exhibition season, with an art car version of its Survolt concept by French artist Francoise Nielly. The use of fluorescent paint in her oil and knife portraits was inspired by a childhood spent in Southern France, where she chased butterflies in the bright Mediterranean sun. Her work has, in turn, inspired Citroën's designers, who cite Nielly's work as the influence behind the vibrant color highlights on the Survolt.