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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.

Caterham planning SUV & City car

It’s not just an Alpine Sports car (pictured) that Caterham will sell – it’s an SUV & City car too We already know that Caterham and Renault are working together to build a new sports car to be marketed as both a Caterham and an Alpine. But there’s already more in development. When we revealed the joint venture between Caterham and Alpine/Renault it was clear that Caterham wanted to develop a broad range of cars with Renault, and now Caterham boss Tony Fernandez has revealed to Reuters there’s a Caterham SUV and Caterham City car in development.

Peugeot Exalt Concept Sports Saloon revealed early

The Peugeot Exalt Concept (pictured) arrives ahead of Beijing Peugeot were busy teasing the arrival of a new sports saloon concept for the 2014 Beijing Motor Show back in January, said to evoke the styling and materials of the impressive Peugeot Onyx Concept. Now, a couple of weeks ahead of the Beijing Show, we get the first photo of that concept – the Peugeot Exalt Concept – which seems to have been sent out a few days earlier than Peugeot intended in an overnight press release dated 10th April. Oh, well.