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Fiat 500 in New York
Sat, 06 Jun 2009The Fiat 500 on Wall Street - Image by AP Fiat has obviously taken a good look at what BMW has managed with the MINI and thought ‘We can do that’. After all, the Fiat 500 is a car very similar in concept to the MINI. Designed to evoke a motoring icon, but made very much 21st century in its execution, both the MINI and the Fiat 500 have gone down a storm in Europe.
Victor Muller sells Spyker sports cars to CPP
Thu, 24 Feb 2011Supercar 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.
Audi A7 breaks cover
Mon, 26 Jul 2010This is Audi's new A7--the sleek, upmarket liftback previewed by the Sportback concept at the 2009 Detroit auto show. The A7 aims to provide the company with a stylish but practical rival to contemporary four-door luxury cars such as the Jaguar XF and the second-generation Mercedes-Benz CLS. Revealed at a gala presentation in Munich on Monday, the A7 is the second liftback model launched by Audi recently, following the smaller A5.

