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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.

Hyundai halts 2011 Sonata sales because of door glitch

Hyundai Motor America today ordered a halt to sales of the 2011 Sonata after notifying dealers that front door-lock modules on some cars can stick under some circumstances. With intense scrutiny bearing down on rival Toyota Motor Corp., Hyundai hopes to quickly and quietly resolve the product glitch on the recently released 2011 Sonata sedan. The Sonata is Hyundai's biggest-volume vehicle, with 2009 sales of 120,028 cars.

Hyundai ix20 revealed

The Hyundai ix20 will debut at Paris As is often the case, ‘revealed’ is perhaps too strong a word for what we have on Hyndai’s latest offering – the Hyundai ix20. One up from a tease and not quite a reveal, Hyundai has sent us a sketch of the ix20 which will debut at the Paris Motor Show in a  few weeks time. Just like a bus, you get nothing new in the oxymoron car sector (mini MPV) for ages and then two crop up at once.