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CPP reacts to news of Spyker sale to North Street Capital

CPP'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.

GM returns to Super Bowl, new ads upcoming for Camaro, Caddy

If there's one thing Joel Ewanick has made clear since joining General Motors Co. three months ago, it's that he doesn't let grass grow under his feet. And the company's vice president of marketing isn't slowing down anytime soon: In a wide-ranging interview with Advertising Age, an affiliate of AutoWeek, Ewanick let drop that the automaker will return to the Super Bowl in 2011; that an ad campaign will break next month for the Chevy Camaro; and that there's a new tagline coming for Cadillac, "The new standard for the world." "We have so many projects in the works right now," he said.

Honda Gives You Wings

YOU might be more familiar with its cars and motorcycles, but did you know that Honda also made planes? If boat engines and quad bikes weren’t enough to keep the Japanese firm occupied, it recently embarked on a project to manufacture high-end business jets. With a base in America and more than a decade of research under its belt plus a small fleet of development aircraft, the company has announced that its first customer specification model is almost ready to fly.