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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.

MINI-Minor – the new mini MINI

The Mini Spiritual Concept from the Rover years I guess you need to be old enough to remember the Morris Mini Minor to make any sense of the headline. When the Mini was launched in 1959 you could have it in two versions – the Morris Mini Minor or the Austin Seven. Which was not at all unusual in the old days of BMC/BL/British Leyland.

Designer Interviews: Giorgetto Giugiaro

Ask any aficionado who the greatest car designer of all time is and Giorgetto Giugiaro will be the name on most lips. Responsible for more than 200 vehicles, equating to some 60-million production cars on the road as well as dozens of concepts for the world's finest car brands – not to mention cameras for Nikon, electronic organs for Bontempi and even a type of pasta – he is without equal. Born on 7 August 1938 in Garessio, northern Italy, he started his career with Fiat in the mid-1950s, aged 17.