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Concept Resource: Adding value to the recruitment process
Thu, 15 Sep 2011Concept Resource, initially created exclusively for the automotive industry, was formed with one goal in mind – to add value to the recruitment process. The Coventry-based company has over 10 years of experience placing highly – qualified candidates in job opportunities supplied by some of Europe's top design studios, as well as being the largest automotive design recruitment company in the UK. Concept Resource's three year strategy is to become the largest in Europe.
Aston Martin and AMG confirm partnership on new V8 engine
Thu, 19 Dec 2013Aston Martin and AMG working on new V8 engines The collaboration deal between Aston Martin and AMG has moved to another level with the announcement that the two companies are working on a new V8 engine for Aston Martin. Aston Martin and AMG signed a letter of intent in July to kick off their technical partnership, and the news the companies are working together on a new V8 engine – which will probably first be seen in a new V8 Vantage – is the first fruits of the deal. A statement from AML and AMG said they are planning to expand their agreement to work on sharing electronic components and will “investigate additional areas of operation”.
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.