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Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.

Hennessey to build limited-edition Venom GT WFE

Hennessey Performance is building an extremely limited run of World's Fastest Edition Venom GTs to celebrate the company's top speed run of 270.4 mph set at NASA's Kennedy Space Center in February. It holds the unofficial record for fastest series-produced road car and the official record for standing-start acceleration. The Venom GT hit 186 mph in 13.63 seconds.

Barn Find Lagonda Could Fetch Six Figures at Restoration Show Sale

IT might not look much, but this extremely rare 1939 Lagonda V12 Hooper two door saloon that has covered just 40,000 miles from new and, crucially, has been estimated to fetch between £75,000 and £100,000 at the forthcoming Restoration Show Sale, at the NEC, Birmingham on April 12th. The unique car was built for the wife of the owner of Hooper Bodies Ltd, the most noted coach builder of the era, and first registered in August 1939. With the onset of war just weeks later the car was placed into storage before being sold to a Mr Harry Ellard in 1952.