Despite Spyker’s management reshuffles and purchase of Saab, the Dutch sports car company remains confident of launching several new models of its own in coming years, including the D12 Peaking to Paris.
Speaking at the 2010 edition of the Geneva conference, Saab Spyker CEO Victor Muller revealed that the new facilities owned by Saab, including the Trollhattan plant, will help Spyker release new models, including the bespoke SUV, but declined to reveal any details.
The monster SUV, which uses a Volkswagen W12 engine ( Geneva version ) and shares the ostentatious ...
Dutch sports car maker Spyker Cars on Monday said it has secured the financing to close its purchase of the Swedish auto brand Saab from General Motors GM.UL, but still has not secured the funds for a required subsequent payment.
Spyker said it entered into a $25 million convertible loan agreement with Heerema Holding Co Inc, the holding company for a family of businesses engaged in offshore oil and gas services.
Spyker Cars Chief Executive Victor Muller, a former mergers and acquisitions lawyer, had worked for the company's Pieter Heerema operation in ...
Spyker believes that through the purchase of Saab it has a rare opportunity to acquire and rebuild a global car brand which will be repositioned towards an independent performance-oriented niche car company with an industry-leading environmental strategy.
Saab's brand DNA is unique and rooted in its aeronautical heritage, innovative and independent thinking and its Swedish origins. Spyker fully supports Saab's Business Plan which will be implemented by Saab management. The Business Plan, drawn up by Saab management over the past ten months, was analysed by Spyker in assistance with Booz ...
Official - Spyker Cars N.V., manufacturer of exclusive premium sports cars, has noted recent press speculation about the SAAB negotiations. Spyker confirms that talks are ongoing, the outcome of which is still uncertain. As SAAB is currently in liquidation talks must end soon.
Whitacre said talks with Spyker were progressing but there was nothing to report at the moment.
"We have not changed our direction on the wind down of Saab's operations," he said. "There have been advanced talks with Spyker but we have no deal to announce this morning.
"If and when ...
Dutch sports car maker Spyker denied on Sunday it had plans to jointly bid for General Motors' GM.UL Saab with Luxembourg investment firm Genii Capital.
German WirtschaftsWoche business weekly, in abstracts of a story to be published on January 18, said the two companies, which have been trying individually to clinch a deal to buy the money-losing Swedish carmaker, had now teamed up.
Image by Getty Images via Daylife
Spyker Chief Executive Victor Muller, in a reply to Reuters via text message, responded "No," when asked if Spyker was in contact with Genii ...
Dutch supercar maker Spyker Cars NV is the lone remaining bidder being considered for General Motors Co.'s Saab Automobile unit, said two people close to the situation.
GM will probably decide whether to continue sale talks or liquidate Saab by Jan. 18, said one of the people, who asked not to be identified because the details aren't public.
Saab is among four brands, along with Pontiac, Saturn and Hummer, that the Detroit-based automaker is unloading to focus on Chevrolet, Buick, GMC and Cadillac in the U.S. after its bankruptcy exit on July ...
Following the announcement on Friday that the intended sales terms of Saab Automobile AB between Spyker and General Motors (GM) could not be finalized, the Spyker leadership has submitted a renewed offer in the hopes of securing a future for Saab, its employees and the brand – despite the announcement that the winding down of Saab would begin.
Spyker CEO Victor R. Muller said today that an 11-point proposal had been submitted to GM, addressing each of the issues that arose during the due diligence process and that the renewed offer ...
Spyker and General Motors decided today that the intended sale of Saab Automobile AB will not be concluded. During the due diligence, certain issues arose that both parties believe cannot be resolved prior to the expiry of the deadline set by GM (i.e. 31 December 2009). As a result, GM will start an orderly wind-down of Saab operations.
Victor Muller: “We sincerely regret that we are not able to complete this transaction with GM. We worked 24/7 for three weeks, but the complexity of the transaction in combination with the strict ...
Dutch car manufacturer ( one of the most exclusivist car manufacturer in the world ) Spyker, announced that its D12 Peking to Paris, which was presented first time in 2006 at Geneva Motor Show, will enter in production next year as an Porsche Cayenne rival.
This Super Sports Utility Vehicle marks the introduction of a second product line for Spyker who are already known for producing the Spyker C8 Spyder, Laviolette and Double12 and C12 LaTurbie super sports cars. The Spyker D12 Peking-to-Paris is a four-wheel drive, four-door, four-seater luxury Super ...
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