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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.

Gordon Murray T.25: More detail & photos

The Gordon Murray T25 We’ve already made our feelings about Gordon Murray’s ‘T’ cars clear. We think Gordon – creator of the McLaren F1 – is on exactly the right track for City Cars – either the T.25 or it’s electric sibling the T.27 – looking to create cheap to manufacture, small, light and very strong cars powered by either a small, 3-pot engine or by an electric motor. And today we get more detail – and photos – of the T.25, the ICE version.

CAR 20 Most Wanted of 2014: VW Golf R

By the CAR editorial team First Official Pictures 17 December 2013 15:00 Everyone knows the Golf GTI: fun, practical, affordable, understated, it’s the default hot hatch. The Golf R is more complex: unravel its DNA and you’ll find traces of the four-wheel drive, supercharged Mk2 Rallye, the front-drive Mk3 VR6 with its 2.8-litre V6 and leather interior, the Mk4 and Mk5 four-wheel-drive R32 and the Mk6 R that ditched the potent V6 for a punchier, more fuel-efficient turbo four. It’d be a nightmare of a custody battle.