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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.

SEAT Leon FR+ Supercopa launches

SEAT Leon FR+ Supercopa SEAT UK has launched a special edition Leon – the SEAT Leon FR+ Supercopa - with a new sporty look and extra features. Last year we got the SEAT Leon FR+ bolted on to the Leon range in the UK as a top of the range Leon aimed at extracting a bit more from Leon customers, 25 per cent of whom were already opting for the previous range topper, the Leon FR. That plan obviously worked as SEAT has now added yet another model above the FR+ in the guise of the FR+ Supercopa which offer a special edition styling kit for a sportier look.

OnStar to be sold separately

Not sure what to do with those extra Best Buy gift cards left over from the holidays? Consider picking up OnStar as a stocking stuffer for next year. General Motors will sell its safety and communications technology in mirror units available at Best Buy starting in the spring.