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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.

Porsche Macan 2.0 litre 4-cylinder coming to the UK – but not Europe

The Porsche Macan 2.0 litre Turbo will be available in the UK Porsche quietly revealed their first car with a 4-cylinder engine in almost a generation at the Beijing Motor Show last month with the arrival of the Porsche Macan 2.0 litre turbo, produced to mop up sale in China. China’s tax system mitigates against thirstier, bigger-engined cars, so a 2.0 litre turbo attracts tax at less than half the rate of the 3.0 litre V6 in the Macan S, so it will be the big volume model for China. But the demand from China for the 2.0 litre Macan means Porsche won’t have the capacity to build it for other left hand drive markets, so Europe won’t be getting the little-engined Macan.

Bristol Cars collapses into administration (2011)

Bristol Cars has collapsed into administration, it emerged overnight. The curio car maker from Bristol just couldn't make ends meet as sales dried up and the company's directors were forced to call in the administrators when it couldn't afford to keep the business alive. Recovery specialists RSM Tenon are handling the administration and hope to find a buyer for Bristol as a going concern.