Vw Mk2 Scirocco 16v 5 Speed Manual Transmission Code Agb07106 on 2040-parts.com

Nurburgring sold to German parts maker Capricorn Group for £83.5 million

The Nurburgring has been saved from bankruptcy The Nurburgring complex in Germany – home to many a car makers test centre and beloved of wannabe racers – has been saved from bankruptcy with an £83.5 million deal. German parts maker Capricorn Group have stumped up over £83.5 million to buy the Nurburgring complex which includes the famous 13 mile North Loop Track as well as the Grand Prix Circuit and have committed to spending and additional £21 million to further develop and improve the site. The Nurburgring track fell in to bankruptcy back in 2012, and it looked for a while as if the whole thing could be closed down, but bids from Capricorn Group and one other have saved the day, with Capricorn winning out with the bigger bid.

Abarth 695 biposto is the quickest Fiat 500: Geneva Motor Show

The Abarth 695 biposto (pictured) is the the most extreme Fiat 500 The revised Fiat 500 range for 2014 is on show at the Geneva Motor Show this week with some nice revisions to take Fiat’s iconic little 500 forward. But if you want a Fiat 500 with decent get up and go you need to look at the Abarth 500s and now – also debuting at Geneva – you’ll also have the option of the quickest Abarth to date – the new Abarth 695 biposto. The 695 biposto comes with a 1.4 litre turbocharged engine delivering 187bhp, enough for a power to weight ratio of an impressive 5.2kg/hp thanks to weight savings cutting the 695 biposto’s weight to just 997kg.

Mitsubishi to sell Renault-based midsized car in US

Mitsubishi Motors Corp. plans to sell a Renault-based midsized car in the United States under a new strategic tie-up between Mitsubishi and the Renault-Nissan alliance. The car will be the first of two Renault-based sedans sold by Mitsubishi under a product and technology exchange announced by the companies today.