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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.

British International Motor Show 2008 | London Motor Show | Excel London | CAR Magazine Online

By Dimitri Pesin Motor Shows 25 June 2008 09:00 The British International Motor Show (that’s the London motor show to you and me) is shaping up to be the best yet. Show organisers claim they are hosting more than 20 global debuts – up from 13 two years ago – and we’ve compiled a list of the cars you simply cannot afford to miss. Follow our simple A-Z below to check the show highlights.

New Porsche 911 GT3 RS ready for work, play

So you want the daily commute to be as much fun as a track day, and to be as confident on the track as during the drive to and from work? Porsche has the car for you. The German automaker has readied the RS version of the 2010 911 GT3.