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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.

Jaguar to offer 4WD across its range – but does that mean for the UK too?

Jaguar has revealed it plans to offer all wheel drive models across its range for future models, but will the UK get the chance to buy a 4WD Jaguar? Not only was the lack of a four wheel drive platform hampering sales, but it was cited as one of the main reasons Jaguar hadn’t given the green light to an XF Estate. But things have moved on in the last couple of years and Jaguar has recently launched a 4WD XJ and 4WD XF (although not for the UK) and finally delivered the XF Sportbrake (but without a 4WD option).

Arash AF-10 (2008) supercar: exclusive photos

By Ben Pulman First Official Pictures 31 October 2008 14:02 These are the latest pictures of the Arash AF-10 supercar. Our exclusive images are Arash Farboud's own visual renderings created from the actual data fed to the machines that cut the body panels for the AF-10. And guess what?