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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.

First Sight: Peugeot 907 concept

Making its debut at the Paris Motor Show, the Peugeot 907 concept is a two-seater GT coupe, created "with reference to the past, the present and the future", and intended to transcend the Marque's values. The 907 is powered by a 6.0 litre V12 engine delivering 368 kW (500 bhp), positioned longitudinally behind the front axle. Connected by a short propshaft, it transmits its power to a six-speed sequentially controlled gearbox placed longitudinally in front of the rear axle.

Driving the Nissan EV: We get seat time in a prototype

We got to fling a prototype of the coming Nissan electric vehicle around the parking lot at Dodger Stadium and, like the Dodgers themselves on Opening Day, it was a winner. The prototype body was a previous-generation Cube, but the drivetrain of the car was "99 percent there," according to Nissan. So we drove an old car with the new drivetrain.