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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.

Mercedes CL Grand Edition arrives

The Mercedes CL Grand Edition signals the end of the current CL range The 2012 Mercedes CL Grand Edition has been released with designo extras, AMG bits and new alloys. If we didn’t already know the current Mercedes S Class was coming to the end of its shelf life, the launch of the Mercedes S Class Grand Edition last summer confirmed it. And just to make sure we’re in no doubt, Mercedes has now launched a Grand Edition of the S Class Coupe with AMG extras, designo bits inside and out and new alloys, to finally consign the current S Class saloon and coupe to history – the Mercedes CL Grand Edition.

SEAT Leon Twin Drive Prototype surfaces in Barcelona

VW’s Spanish arm SEAT today unveiled their vision of the future, with the SEAT Leon Twin Drive Prototype unveiling in Barcelona. The Twin Drive concept is simple, but quite promising. It offers an electric motor for running around town, but switches to a diesel or petrol engine when out of town.