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CPP reacts to news of Spyker sale to North Street Capital
Thu, 29 Sep 2011CPP'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.
'Forza' Alpinestars pack available now
Mon, 10 Mar 2014The “Forza Motorsport” Alpinestars Car Pack went live online last week. That means players are already cruising around the game's 15 circuits in an assortment of cars from BMW, Toyota, Radical, Mercedes, Ferrari and more. The 1999 #3 Toyota Motorsports GT-ONE TS020 is now available in "Forza Motorsport 5." Let's start with the race cars, including the 1999 #3 Toyota Motorsports GT-ONE TS020.
Fisker Automotive lays off some workers as government reworks loan
Mon, 06 Feb 2012Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.