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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.

Twizy Renault Sport F1 concept is a completely bonkers EV

Based on the  strange little Renault Twizy EV commuter golf buggy, the Twizy Renaultsport F1 concept gets a mad body kit to make it look like something out of a Star Wars film, with huge wings, side pods, a rear diffuser and a yellow paint job that evokes Renault’s sporting heritage. But it’s under the skin where the interesting stuff lurks. Renault has fitted the Twizy with an F1 inspired KERS system that fits where the back seat used to be (yes, the F1 Twizy is a toy just for one) which chucks an extra 79bhp at the Twizy’s existing electric motor when fully charged, enough to scoot the F1 Twizy to 62mph in just 6 seconds.

Audi A5 Sportback joins a growing lineup, but only in Europe for now

Audi is shoehorning another model into its ever-expanding lineup--the A5 Sportback. The Sportback joins the coupe and the convertible in Audi's A5 family. This model sports four doors and a hatchback, yet sits nearly 1.5 inches lower than the A4 sedan.