Cequent Fulton Brake Winch 9800lb on 2040-parts.com

*CORRECTION* Thomas Ingenlath appointed Vice President of Design for Volvo

Yesterday Car Design News reported that Thomas Ingenlath has been appointed Vice President of Design for Volvo, stating that he will report to Peter Horbury, who is now Senior Vice President Design, Geely Group. This information is innacurate as Ingenlath will in fact report directly to Volvo Car Company President & CEO, Stefan Jacoby. We apologize for any confusion caused by our error.

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.

2012 Chevrolet Corvette upgrades focus on track performance

To keep up on the track with the Vipers and Super Snakes of the world, Chevrolet has upgraded the Corvette for 2012. There's no change to the engines or their output for 2012, but you will shave a few seconds off your lap times with the newly optional Michelin Pilot Sport Cup Zero Pressure tire. Only offered on the Z06 and ZR1 models, the package includes the tires, 285/30-19 in front and 335/25-20 rear, and lightweight aluminum Cup-style wheels in satin black or machined finishes.