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Volkswagen Iroc concept (2006): first official pictures

By Phil McNamara First Official Pictures 24 August 2006 08:01 The lowdown This is the Iroc, a sexy successor to the Scirocco coupe that Volkswagen will launch in 2008. Officially, the Iroc is a concept car, but make no mistake, this dynamic three-door is heading for production. The design doesn't share many obvious styling cues with the 1974 original.

Day 59 and counting for General Motors: Fritz says it like it is

With less than two months remaining to determine its fate, newly christened General Motors CEO Fritz Henderson held a press conference Tuesday to show Wall Street and Washington that the buck stops with him. He did a creditable job. No, he did not remind viewers of Alexander Haig so much as he played the part of confident commander in charge.

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.