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Ford launches Cobra Jet and Boss Mustangs
Thu, 09 Dec 2010Two new potent Mustangs that channel the past but pack serious modern muscle will soon be available for enthusiasts. Ford revealed the 2012 M-FR500 Cobra Jet Mustang for drag racing at the Performance Racing Industry Show in Orlando on Thursday. For road racers, the Blue Oval is adding the 2011 Mustang Boss 302S.
Victor Muller sells Spyker sports cars to CPP
Thu, 24 Feb 2011Supercar 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.
Driven: Honda FCX Clarity
Mon, 16 Nov 2009It may be powered by a hydrogen fuel cell but the Honda FCX Clarity is no work-in-progress; its technology awkwardly shoehorned into an existing model. Nor is it a brittle concept without suspension banned from exceeding 30mph. It's a safety-tested four-seat executive sedan designed from scratch to accommodate hi-tech underpinnings.