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Victor Muller sells Spyker sports cars to CPP

Supercar maker Spyker is to be sold. Coventry-based coachbuilder CPP has announced a memorandum of understanding (MOU) to buy Spyker Cars from Spyker Cars N.V, the holding company which owns Spyker and Saab. No. Saab remains under the ownership of Dutch company Spyker Cars N.V. This sale is of Spyker, the manufacturer of flamboyantly detailed mid-engined supercars. CPP has been supplying chassis and body panels for Spyker since the brand was relaunched in 2000, and completed an agreement to handle full manufacturing of the current range in 2009 – the production of Spyker cars moved from the Netherlands to Coventry in 2010.   The MOU, valued at €32m, will mean that CPP Global Holdings Ltd will become manufacturer and owner of Spyker – €15m will be paid straight away, with the remaining €17m paid over a six year 'earn-out' period.

Mercedes F-Cell World Drive arrives home

The Mercedes B-Class Fuel Cell cars arrive back in Stuttgart Since January Mercedes has been driving round the world with a trio of hydrogen fuel cell cars to demonstrate that the future is all about hydrogen fuel cells, and not about hybrids or BEVs. In the four months since the three Mercedes B-Class Fuel Cell cars left home in Stuttgart at the end of January, they have covered 30,000 km each (that’s around 18.6k miles) and had zero emissions. Which will please the environmentalists no end.

Proton Gen-2 facelift (2008): first photos

By Tim Pollard First Official Pictures 10 July 2008 06:49 Proton has published the first details of its revised Gen-2 small car. It's not the most radical of facelifts, but the Gen-2 gains new exterior detailing including front and rear skirts, a new rear spoiler, redesigned alloy wheels, bumper and grille, plus distinctive, smoke-blacked headlamps. Inside, Proton spotters will recognise fresh red trim splattered around the cabin, a redesigned dashboard and handbrake (thank goodness – the last one pinched your fingers on occasion).