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CPP reacts to news of Spyker sale to North Street Capital
Thu, 29 Sep 2011CPP's Brendan O'Toole & Spyker's Victor Muller - when things seemed simple The rather surprising news breaking overnight that Victor Muller has done a deal with a North American Private Equity firm – North Street Capital – to buy Spyker was something of a surprise; we still expected the deal with CPP, backed by Muller’s banker Vladimir Antonov, to conclude in an orderly fashion. So before we jumped in with a report we thought we ought to dig a bit and see what’s going on. But we’re still really none the wiser.
Maserati announces names of new saloon, SUV at Paris
Fri, 28 Sep 2012Maserati announced the names of three of its forthcoming new cars at the 2012 Paris motor show. From 2013, Fiat's upmarket sports luxury wing will finally launch a barrage of new product to overcome worries it's just producing endless versions of its existing range. The new Maserati Quattroporte will be launched at the 2013 Detroit auto show in January.
Van drivers at greater risk of crashing
Wed, 09 Jul 2014VAN DRIVERS are 50% more likely to be involved in a collision when driving too close to the vehicle in front and a massive 142% more at danger of crashing when reversing. Drivers of vans are also 43% more at risk of being in an accident even when parked, while performing a U-turn puts them at 39% more likely to be in a collision than other road users. Other areas where van drivers are more at risk is when changing lanes (36%) and on motorways (19%).