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First Sight: Mercedes-Benz Concept Style Coupe

The third installment of Mercedes-Benz's ‘small' car family will receive its global preview with a close-to-production concept set to debut at the Beijing motor show next week, but Car Design News has gained an early peek of the official images and details. The Concept Style Coupe heralds the much-vaunted ‘mini-CLS' compact four-door coupe production car (rumored to be dubbed BLS or CLA) that's slated to go on sale in the second half of 2013. It's based on the same new platform – called MFA for ‘Mercedes Front-wheel drive Architecture' – that has already spawned the new A- and B-Class cars.

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.

BMW M3 GTS (2010) unveiled: a new M3 CSL first official pictures

BMW might not be producing an M3 CSL, but this is something much better. Called the M3 GTS it’s a stripped-out 450bhp road-racer designed to take on the Porsche 911 GT3 RS. It’s a response to those that thought M Division might have lost its way: 'The BMW M3 GTS which we are currently preparing in our BMW M production workshop is a response to frequently expressed customer wishes', said M Division’s CEO Dr Kay Segler at the unveiling.