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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.

Volkswagen Touran (2006): first official pictures

By Dimitri Pesin First Official Pictures 13 September 2006 00:01 The lowdown Volkswagen has given its Touran MPV a welcome facelift, and a sprinkling of new features. The headline news is the introduction of Twincharge engines which employ both a turbo and a supercharger, as well as a park assist function that enables the seven-seater to slip itself into a space within 15 seconds. The revised model hits UK showrooms in early 2007.

Faster Gumpert Apollo model to debut in Geneva

They may not be lookers, but there is no denying the performance credentials of Roland Gumpert's Apollo sports cars. With the base 650-hp engine package, the brainchild of the former director of Audi Sport is capable of reaching 60 mph in less than three seconds with a top speed or more than 200 mph. But now Gumpert is planning to reveal a faster chapter in the line at next month's Geneva motor show with the Apollo Speed.