Ford Oem Dashboard Air Vent 6l2z19893aae Image 8 on 2040-parts.com

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.

Drivers feeling the squeeze on parking

MOTORISTS are feeling the squeeze on parking - with rising charges and fewer and smaller spaces, according to the RAC. As many as four in five drivers have reported increasing parking charges in towns and cities. And 67% of those drivers believed there was now less parking close to their town or city centre and that parking restrictions had become more stringent where they live.

Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.