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Hyundai Scrappage – amazing trade-ins

Jaguar XJS - traded for a Hyundai i10 under the Scrappage scheme But it does seem to be producing good results for Hyundai, with their Hyundai i10 flying out of showrooms. Which is no real surprise. The £2,000 Scrappage allowance is a big chunk of such a cheap car, and is probably achievable for a high number of owners of ‘Clunkers’.

Porsche 911 Carrera GTS: Paris Motor Show 2010 +video

Porsche 911 Carrera GTS - Video below Porsche managed to add two new 911s to its range at the Paris Motor Show, which must now mean you have a choice of at least 147 911s when next you venture out to the local Porsche dealer. The 911 Speedster will be daft money, but the Porsche 911 Carrera GTS will be a little more sanely priced at £76,758 for the Coupe. We actually got the reveal on the 911 GTS slightly ahead of the press days at Paris, but probably because that left more room for the 911 Speedster to shine at the show itself.

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.