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CPP reacts to news of Spyker sale to North Street Capital

CPP's Brendan O'Toole & Spyker's Victor Muller - when things seemed simple The rather surprising news breaking overnight that Victor Muller has done a deal with a North American Private Equity firm – North Street Capital – to buy Spyker was something of a surprise; we still expected the deal with CPP, backed by Muller’s banker Vladimir Antonov, to conclude in an orderly fashion. So before we jumped in with a report we thought we ought to dig a bit and see what’s going on. But we’re still really none the wiser.

New Kia Carens gets new range-topper – the Carens 3 Sat Nav

New Kia Carens gets new range-topper – the Carens 3 Sat Nav But it seems Kia’s customers are shouting out for something that offers more standard equipment than the regular, not very inventive, trim levels of 1, 2 and 3, so Kia has decided to add a fourth option – the Kia Carens 3 Sat Nav to the range. The Carens 3 already comes with a decent enough spec – including panoramic roof, 17″ alloys, leather, heated seats, second row sun blinds and colour reversing camera – but the 3 Sat Nav adds a 7″ touchscreen SatNav and new audio system with 8-channel amp and sub woofer offering a better sound experience for all occupants. The Carens 3 Sat Nav is only available with Kia’s 134bhp 1.7 litre CRDI with 6-speed manual ‘box and costs from £24,845.

Maserati Levante SUV won't be imported from Detroit after all

For years, we've been hearing that the upcoming Maserati Levante SUV -- which debuted as the Maserati Kubang -- would be built at Chrysler's Jefferson North Assembly Plant in Detroit. The prospect of a high-dollar luxury crossover coming out of the gritty Motor City was intriguing, but the scheme made a certain sense -- the Levante is built on the same platform as the Jeep Grand Cherokee. Unfortunately, it's not gonna happen.