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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.

We sample Honda's car technology of the future

Ahead of the Tokyo Motor Show 2013 we’ve been to Honda’s research and development facility in Tochigi to see and experience some of the Japanese firm’s new and upcoming products and technology. We’ve covered the new Honda Civic Type R in some detail separately, but among the other cars driven here is the next generation Honda Jazz (known as the Fit in Japan), no less than three different types of Honda hybrid system, including one similar to that fitted in the forthcoming NSX supercar, and an all-carbonfibre CR-Z prototype. On top of which, we’ve also experienced a self-driving car, watched a crazy automatic-parking demonstration and sampled the latest version of the all-electric Micro-Commuter, Honda’s equivalent of the Renault Twizy.

Aston Martin V12 Vantage price set

The V12-powered version of the Aston Martin Vantage arrives in U.S. dealer showrooms late this year, with a base sticker price of $181,345, which includes shipping charges and a $3,000 gas-guzzler tax. Stepping up to the Carbon Black Special Edition adds $15,000 to the sticker price, for a total of $196,345.