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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.

BMW 520d EfficientDynamics (2011) first official pictures

Company car choice will be made even more difficult in September 2011 with the launch of BMW’s new 520d EfficientDynamics saloon with some extraordinary economy and CO2 emissions figures of 119g/km and 63mpg. BMW 520d EfficientDynamics: how it’s so clean The 520d ED is fitted with a longer final drive ratio to reduce revs at motorway cruise speeds, low-drag alloy wheels and low-rolling resistance tyres on top of the standard 520d equipment. Most Fives already have stop-start and an Optimum Gear Shift Indicator to let the driver know when the most efficient time is to change gear.

Ford to open Silicon Valley lab

Ford Motor Co., aiming to keep ahead of technology trends, will establish a research lab in the heart of California's Silicon Valley. The automaker said Friday the lab will open near Stanford University in Palo Alto, Calif., in the first few months of this year. Ford wants the lab to take on a start-up feel and expand beyond the traditional automaker mindset to encourage innovation and improve mobility and safety.