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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.
2012 Renault Megane UK price & spec announced
Mon, 19 Mar 20122012 Renault Megane - price & spec revealed Renault has announced UK prices and specifications for the 2012 Renault Megane hatchback, coupe and Sport Tourer. Renault may have slashed its UK offerings, but the perennial Megane soldiers on with a small tidy-up for 2012, new prices and new specifications, with details announced today. The small tweaks across the Megane range are modest and include daytime running LED on the Dynamique and TomTom, tweaked bumpers and new alloys.
Poor driving posture a pain in the neck
Wed, 28 May 2014THE WRONG driving position could be putting millions of commuters' health at risk, according to a major physiotherapists' organisation. Drivers who don’t adjust their car seat and steering wheel to suit their individual needs are risking significant further problems, says the Chartered Society of Physiotherapy (CSP). Latest census figures for England and Wales reveal that almost two-thirds of workers (15.3 million) commute by car and the CSP says poor driving posture is a key factor that can lead to musculoskeletal problems such as back and neck pain.