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Exclusive: Spyker drop Peking-Paris D12 in favour of D8
Fri, 17 Apr 2009The Spyker Peking-Paris D8 will show at Frankfurt and cost just under £200k The Spyker Peking-Paris has been threatening to make its way in to production for what seems like a very long time now. However, Spyker has been beset by problems – mainly financial – for years, which has limited both their production and development capabilities, but recent investment from Russia has finally solved those problems, and Spyker is again starting to move forward. Cars UK has learnt that the clincher for the Russian investment was the investor’s love of the Peking-Paris, so with money in the kitty Spyker are pushing ahead with the car at speed.
How Porsche will be integrated into VW
Fri, 20 Nov 2009By Georg Kacher Motor Industry 20 November 2009 12:32 Although Porsche won't be a fully integrated member of the Volkswagen group before mid-2011, the sports car maker can even at this early point in the merger no longer make independent strategic decisions. After all, Martin Winterkorn has effectively been appointed head of the Porsche SE Holding which in turn employs the Porsche AG chairman Michael Macht. With a takeover as costly and complicated to fund as this one – all in all, VW will have to fork out a staggering €16 billion to absorb the latest family member – it is only logical that the new owner wants to get the restructuring process going asap. Overnight, Porsche has become easily VW's most expensive brand.How VW will integrate PorscheTo protect and eventually enhance its value, the powers in Wolfsburg will leave no stone unturned to rearrange the product portfolio, to streamline R&D, to shake up purchasing and production, and to ensure a variety of synergies which are estimated to range from €500m to €750m per year.
Caterham Cars offers free 40-year anniversary package
Thu, 09 May 2013Caterham Cars, the U.K.-based maker of lightweight track-day vehicles, will celebrate 40 years building the legendary Seven with a free option package for the open-wheel roadster. The package is available starting today, but only for the first 40 orders of the Seven or its variants. Rights to the Seven were acquired by Graham Nearn from Lotus legend Colin Chapman in 1973.