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CPP reacts to news of Spyker sale to North Street Capital

CPP's Brendan O'Toole & Spyker's Victor Muller - when things seemed simple The rather surprising news breaking overnight that Victor Muller has done a deal with a North American Private Equity firm – North Street Capital – to buy Spyker was something of a surprise; we still expected the deal with CPP, backed by Muller’s banker Vladimir Antonov, to conclude in an orderly fashion. So before we jumped in with a report we thought we ought to dig a bit and see what’s going on. But we’re still really none the wiser.

2011 Renault Espace Facelift: Price & Details

The Renault Espace gets tweaked for 2011 The Renault Espace was the car that started the whole ‘People Carrier’ thing, and with ever improving options coming at them from every angle they need to keep the Espace fresh. So although facelift may be a bit strong for the changes Renault has made to the Espace for 2011 – it’s more a case of a quick bit of Botox in its lunch hour – changes there are. If we tell you that the highlight of the facelift is a set of LED running lights you’ll have a fair idea of the extent of the changes for 2011.

GM to pull Cadillac from some European markets

General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S. carmaker will focus on markets such as Russia, the United Kingdom and Switzerland where the luxury brand has been able to compete against Germany's BMW, Mercedes-Benz and Audi premium brands.