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Chevrolet Corvette owners wear their passion on their license plates

Chevrolet Corvette owners are a passionate lot. And many are happy to wear their love for the two-seater on their license plates. Last week, hundreds of Corvettes and their owners gathered at the National Corvette Museum in Bowling Green, Ky., for the C5/C6 Bash.

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.

Wacky Racers For French Urban Mobility Project

TOYOTA’S involvement in a new three-year urban mobility project in Grenoble, France promises to inject a little fun into what can be an otherwise dull undertaking. The trial scheme will see radical three-wheel Toyota i-Road and COMS four-wheel electric vehicles available for public car sharing on local journeys. Toyota is supplying 35 of each type of vehicle and is also contributing its Ha:Mo (harmonious mobility) system to manage the scheme day-to-day, following a model that’s already been successfully piloted in Toyota City in Japan.