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News watch October 2010: today's auto industry news
Fri, 29 Oct 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.
CPP reacts to news of Spyker sale to North Street Capital
Thu, 29 Sep 2011CPP's Brendan O'Toole & Spyker's Victor Muller - when things seemed simple The rather surprising news breaking overnight that Victor Muller has done a deal with a North American Private Equity firm – North Street Capital – to buy Spyker was something of a surprise; we still expected the deal with CPP, backed by Muller’s banker Vladimir Antonov, to conclude in an orderly fashion. So before we jumped in with a report we thought we ought to dig a bit and see what’s going on. But we’re still really none the wiser.
Suzuki S-Cross Crossover SUV: Paris 2012
Thu, 27 Sep 2012Suzuki has revealed the S-Cross crossover / SUV at the Paris Motor Show. The S-Cross will replace the SX4 and go on sale in 2013. The Suzuki S-Cross – a compact crossover come SUV – was teased ahead of its debut at Paris 2012 today, and a decent offering it looks.