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CPP buys Zagato

Ferrari 550 GTZ - built by CPP In a move that seems to have received no coverage whatsoever, our favourite specialist car putter-together – CPP (Coventry Prototype Panels as was) – has quietly bought up Zagato. For those of you who are ‘Vlad Watchers’ this may come as no surprise. It seems that Vladimir Antonov is on a quest to buy up everything interesting there is to buy in the specialist car world (and Portsmouth FC too – no accounting for taste!), which includes funding CPP and its recent acquisitions.

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.

Global car launches at Pebble Beach 2013

Not content with playing host to hundreds of the world’s rarest classic cars, the 2013 Pebble Beach motoring week in Monterey, California, also saw the first global public outings of several new cars and concepts. Here’s our pick of these high-profile unveilings with cars from established mega brands like BMW, Aston Martin and Cadillac as well as exotic specialists like fiercely independent Dutch brand Spyker and Moroccan supercar marque Laraki.