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CPP reacts to news of Spyker sale to North Street Capital

CPP'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.

2015 BMW X4 first drive

What Is It? It's as if the X6 made a Mini Me. Just as the oddly proportioned X6 Sport Activity Coupe took the perfectly sporty-looking BMW X5 and made it into the oddly proportioned, goofy-roofed big seller it is, so the X4 adds the goofy roof and unusual proportions to meld the mutant flanks of all 3- and 4-series vehicles into this everlasting whole.

First Sight: Daimler-BYD electric car design renderings leak out

Computer renderings of an electric car, being jointly developed by BYD Co., a Chinese battery and car producer that began making cars only less than a decade ago, and Daimler AG with more than a century of experience - were leaked for the second time this year. The car marks a critical juncture for the young Chinese carmaker based in the south China industrial hub of Shenzhen, just a stone's throw away from Hong Kong. It is also a key initiative in China, now the world's biggest auto market, for Daimler.