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Spyker prepares GT2 for China
After Lamborghini unveiled the Murciélago LP 670-4 SuperVeloce China Limited Edition, Spyker decided that it was high time to announce its plans to unveil a road going version of their GT2 sports car specifically for the Chinese market. Spyker’s plans for the Chinese edition GT2 appear to be working on making the car longer, wider, and more importantly, more comfortable for the driver. Spyker are also planning a four door car that might make an appearence as early as 2013 which will no doubt go up against the recent crop of ...
Date: July 9, 2010 | * | Categories: Industry, News, Spyker
Spyker taps into China’s luxury sports car market
Spyker Cars N.V., the Dutch luxury sports car maker, is looking for business opportunities in China, the world's largest auto market, and has taken its first step. The company announced here Sunday that it has signed an agreement with China Automobile Trading Co. (CATC), one of the country's major auto importers, to establish a joint venture in China as Spyker's sole general distributor for its new generation of cars in the region. Victor Muller, CEO of Spyker Cars, expressed great optimism over China's growing luxury car market at the signing ceremony, as ...
Date: April 28, 2010 | * | Categories: News, Spyker
Spyker continuing work on D12 Peking to Paris luxury SUV
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 ...
Date: March 5, 2010 | * | Categories: News, Spyker
Spyker gets financing to close Saab deal
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 ...
Date: February 9, 2010 | * | Categories: Industry, News, Saab, Spyker, Sticky news
SPYKER: further strategic and financial details regarding its acquisition of Saab
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 ...
Date: February 2, 2010 | * | Categories: Industry, News, Saab, Spyker, Sticky news
Spyker speculation about Saab may be true
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 ...
Date: January 25, 2010 | * | Categories: News, Saab, Spyker
Spyker CEO denies plan for joint Genii bid for Saab
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 ...
Date: January 18, 2010 | * | Categories: Industry, News, Saab, Spyker
Bloomberg: Spyker may be lone remaining bidder for GM’s Saab
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 ...
Date: January 18, 2010 | * | Categories: Industry, News, Saab, Spyker
SPYKER RENEWS OFFER FOR SAAB !
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 ...
Date: December 21, 2009 | * | Categories: General Motors, Industry, News, Saab, Spyker, Sticky news
Breaking: Spyker end discussions about Saab
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 ...
Date: December 18, 2009 | * | Categories: Industry, News, Saab, Spyker, Sticky news
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