Drag Specialties 25" Beach Buffalo Handlebar, Chrome 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.

Google driverless cars ‘safer than humans’

Google claims that its driverless cars are now safer than human motorists, after analysing testing data gathered over thousands of experimental miles of assessment. The Internet search giant has been developing its controversial autonomous cars for several years, adapting a fleet of 10 vehicles – including six Toyota Prius hybrids, three Lexus RX450h off-roaders and an Audi TT – to drive by themselves. On Bing: see pictures of Google’s driverless carsThe driverless cars are coming – but are Brits ready?

Hershey auction and swap meet gets under way

The Hershey Auction in Pennsylvania is in full swing on Thursday, and our friends from Hagerty Insurance are there. The event is hosted by RM Auctions and includes some of the rarest auto antiques in the world. The two-day event auction coincides with the Antique Automobile Club of America Eastern Division Fall Meet, bringing even more classic sheetmetal to the Hershey Lodge.