Daily Archive: July 8, 2014

Smart previews new city cars in teaser clip

Smart has tried its darnedest to diversify. It introduced the Smart Roadster in 2003 and the Forfour in 2004. It even did the Crossblade speedster in 2002. But each of those has fallen by the wayside, leaving the Fortwo as its only product. But that’s all about to change.After a long string of concept cars, the Smart brand is slated to introduce its all-new range at the Paris Motor Show come October. There it is expected to reveal both two-door …

Spyker settles tax debt, cancels auction of assets

News hit last week that Spyker appeared to be in trouble. Citing an outstanding tax bill, local authorities had apparently seized an array of the company’s assets – including racecars, road cars, concept cars and spare parts – and were selling them off in order to pay off the company’s debt. It now seems, however, that Spyker is in the clear. In a statement sent to Autoblog, Spyker CEO Victor Muller said: There is no auction or issue, and this should never have been news. A business tax dispute was settled and paid last Wednesday, yet the authorities took nearly…