Lightspeed Zulu 3 Aviation Headset on 2040-parts.com

Bristol in administration: sale expected in days

Bristol Cars could be sold within days, as the administrators are in exclusive talks with one bidder, CAR has learned. Several parties expressed an interest in the failed car maker, which collapsed into administration on 3 March 2011. Recovery specialist RSM Tenon is handling the sale and has reported a flurry of interest in Bristol Cars.

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.

Citroen DS3 at Frankfurt

  Citroen will be bringing the new DS3 to Frankfurt The DS3 – a MINI competitor – is the first model in Citroen’s DS range, designed to be an upmarket range of cars based on their more prosaic ‘C’ siblings. We can expect to see the Citroen DS4 in 2011 and the bigger Citroen DS5 in 2012. The DS3 is based on the new Citroen C3 – which will itself only be launched in November – and is slightly larger all round than the MINI.