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GM to reprogram some oil-life monitors
Fri, 05 Apr 2013This story originally appeared on Automotive News General Motors is warning owners of almost 800,000 2010-12 vehicles that they may need oil changes more frequently than the onboard oil monitoring systems are telling them. After high warranty claims on several models with four-cylinder engines, GM will reprogram software to make oil change warning lights go on sooner. The change only affects 2010-2012 Chevrolet Equinox, GMC Terrain and Buick LaCrosse and Regal models with 2.4-liter LAF and LEA four-cylinder engines.
Victor Muller sells Spyker sports cars to CPP
Thu, 24 Feb 2011Supercar 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.
Alfa MiTo Quadrifoglio Verde SBK Limited Edition arrives
Fri, 01 Feb 2013There’s a new limited edition Alfa Romeo MiTo on offer – the MiTo Quadrifoglio Verde SBK – with just 28 cars on sale in the UK at a price of £21,595. Which explains why, when Alfa were scratching their heads to come up with a new Limited Edition MiTo, they settled on the the Superbike link with the Alfa MiTo Quadrifoglio Verde SBK Limited Edition. The MiTo Quadrifoglio Verde SBK has now arrived on UK shores – although there will only be 28 of them – complete with Superbike titivation and a few publicity photos featuring the MiTo Quadrifoglio Verde SBK on two wheels alongside a Superbike.