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Saratoga Automobile Museum celebrates 60 years of Porsche

A 1998 Porsche 911 GT1 and a 1986 Porsche 961, hot off their trip to the Rennsport Reunion IV, have joined the Saratoga Automobile Museum's exhibit “Porsche: 60 Years of Speed and Style in North America.” The display runs until Jan. 31. The exhibit at the museum in Saratoga Springs, N.Y., is sponsored by Porsche Cars North America and New Country Porsche.

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.

Fiat Panda 4x4 (2012) first official pictures

Fiat's Panda has donned its wellington boots to create the Panda 4x4, the only baby SUV in the city car A-segment. It's one of the premieres bound for the 2012 Paris motor show. It's the third-generation of Panda 4x4 and appears some 30 years after the original.