Dodge M37 Canvas Top on 2040-parts.com

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.

Peugeot 4008 Compact SUV arrives early

Peugeot 4008 arrives early We knew that PSA were going to take the underpinnings of the Mitsubishi ASX and make them their own. This morning we had the Citroen C4 Aircross and now we get its cousin – the Peugeot 4008. The Peugeot 4008 looks like a very good take on the ASX, with Peugeot’s latest design language in abundance – the new gob is a big improvement – and the promise of some decent compact SUV goodness from the French.

Automotive art returns to Pebble Beach

Classic cars won’t be the only works of art on display at this year’s Pebble Beach Concours d’Elegance. The Automotive Fine Arts Society (AFAS) will be making its 26th appearance at the event, where it will exhibit car-themed paintings and sculptures. “The artists work every year to showcase art never shown before,” AFAS vice president Bill Motta said.