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Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.

Nissan recruits Champions League football stars

NISSAN has gone football mad ahead of the new European season, recruiting as brand ambassadors two of the finest talents to grace the 2014-15 Champions League. The Japanese firm is sponsoring the competition this year, and has secured the services of Brazil's captain of Paris Saint-Germain Thiago Silva and the Barcelona and Spain midfielder Andrés Iniesta, who himself has won three Champions League titles. Dubbed Nissan's new 'Engineers of Excitement', the firm says in a press release that the players “will help the Japanese car manufacturer in its campaign to introduce new innovations to enhance the football fan experience.” They will feature in a series of TV adverts focusing on how innovation is key, both on and off the field, to creating excitement for football fans and drivers.

Jaguar XJ Diesel – The Swansong plaudit

The Jaguar XJ 2.7 Diesel has won the 'Greenest Luxury Car' Award And although one of the strengths of Jaguar has been its heritage it has, to a degree, also become its Achilles Heel. The first Jaguar XJs were a triumph when they were launched in 1968, and put Jaguar leaps and bounds ahead of the German competition, in the same way Jaguar had taken the world by storm with the E-Type a few years before. But things started to fall apart for Jaguar in the ’70s with the fiasco that was British Leyland, and by trying to emulate Porsche by making each iteration of the XJ an evolution of the original all they managed to do was cement in the public mindset the failings of the XJ.