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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.

Ford shifts redesigned Escape to all four-cylinder-engine lineup

Serious changes are in store for the Ford Escape SUV when the redesigned model rolls out at the Los Angeles auto show in November. To start, the boxy look is gone. Ford previewed the 2013 Escape's new look earlier this year with the Vertrek concept at the Detroit auto show.

GM makes select OnStar services free

General Motors said on Wednesday that it will make unlocking doors, activating horn and lights, and remote start on equipped vehicles standard with its OnStar RemoteLink Mobile App for 2014 vehicles, even if owners decline to pay for other OnStar services. More than 36 Buicks, Cadillacs, GMC and Chevy models are compatible with the app. GM says it gets more than 60,000 requests from forgetful drivers each month, asking for door-unlock assistance, “so it makes sense for us to offer RemoteLink key-fob services to enable customers to lock, unlock or start their vehicle from anywhere they have a wireless or cellular connection,” said Mary Chan, president GM global connected-consumer business unit.