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Hyundai to give away a free cow with every new car
Mon, 03 Sep 2012It looks like Hyundai are planning to give new car buyers a free cow to save the Sunday Roast from rising fuel costs. It looks like Hyundai’s clever PR bods have found a way to boost car sales in the same way as Scrappage did, by planning to save the Sunday Roast from the inexorable rise of fuel costs. They’ve commissioned a survey to find out what motorists are having to give up as fuel costs rise, and have decided the worst thing is missing out on Sunday’s Roast Dinner.
Volkswagen to add compact four-door coupe to its lineup
Fri, 16 Mar 2012Volkswagen has hatched plans for a second four-door “coupe” model as part of a strategy to shore up its North American and Chinese market shares while providing a suitable addition to its European lineup. To be positioned underneath the recently facelifted CC, the new four-seater is set to form part of the Jetta lineup, joining successors to today's sedan and wagon models in an expanded three-model range. They're all set to hail from Volkswagen's Puebla plant in Mexico, the same site responsible for the newly launched second-generation Beetle.
Victor Muller sells Spyker sports cars to CPP
Thu, 24 Feb 2011Supercar 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.