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Spyker and Youngman Agree on Joint Ventures

Spyker and Youngman Agree on Joint Ventures

Spyker and Chinese Youngman Group agreed to make a joint venture to manufacture a new super SUV and sedans based on Saab’s Phoenix platform. The new SUV is expected to reach showrooms by the end of 2014, but the companies gave no timeline for the Phoenix-based sedan. Youngman said it […]

GM Rejects Spyker’s Lawsuit Over Saab

GM Rejects Spyker’s Lawsuit Over Saab

GM tries to convince the US authorities to reject Spyker’s lawsuit, according to which it seeks $3 billion in damages accusing GM for deliberately causing Saab to go bankrupt. Spyker filed the lawsuit at the beginning of August and accused GM of criminally interfered in an operation that could have […]

Spykar appoints ex-Aston Martin U.S. chief

Spykar appoints ex-Aston Martin U.S. chief

The Dutch sports car manufacturer Spyker has hired ex-Aston Martin U.S. boss John Walton as the company’s chief commercial officer and head of Americas unit. John Walton, 53, is all set to take this position on immediate basis and will report to Victor Muller, the CEO of Spyker. By becoming […]

Swedish Automobile considering Spyker sale

Swedish Automobile considering Spyker sale

Swedish Automobile said it may sell its Spyker sports car business after Saab, its other brand, declared bankruptcy. CEO Victor Muller said that options for the future of Swedish Automobile (Swan) are being analyzed, adding that discussions on a possible sale of the Spyker business were still going on. “However, […]

Vladimir Antonov gets green light for Saab stake

Vladimir Antonov gets green light for Saab stake

General Motors Co said on Thursday that the company has no objections to Antonov acquiring an ownership stake in Saab. Also, Sweden’s National Debt office says it has approved Russian investor Vladimir Antonov’s application to become part owner of Spyker Cars. The decision means Spyker has cleared an important hurdle […]

Spyker sees difficult situation for Saab

Spyker sees difficult situation for Saab

Spyker raised doubts over whether it could quickly agree a cash injection for its Swedish brand Saab, ahead of talks on Tuesday with the European Investment Bank (EIB). Saab got a conditional “yes” from the European Investment Bank (EIB) on a deal aimed at giving the Swedish carmaker a cash […]

Spyker to sell sportscar business

Spyker to sell sportscar business

Spyker, the Dutch luxury sports car maker which last year took over Saab, says it has signed a deal to sell its sports car business to Russian banker Vladimir Antonov. Antonov, a former Spyker chairman and shareholder, will pay 15 million euros ($21 million) for the maker of the C8 […]

Hot: Spyker C8 Aileron Spyder new images

Hot: Spyker C8 Aileron Spyder new images

The handcrafted SPYKER C8 AILERON SPYDER features aircraft-inspired styling in a way its northern neighbor Saab can only dream of, with turbine-styled air scoops, Rotorblade wheels and little propellor emblems abound, all in a nod to Spyker’s roots in early aviation. Underneath rests an all-aluminum, Audi-sourced, 4.2-liter V8 producing 400 […]

Spyker shares down because of Saab

Spyker shares down because of Saab

Shares of Spyker Cars fell the most in nine months in Amsterdam trading after the company cut Saab’s production goal as the third-quarter loss widened, Bloomberg News reported. Net loss widened to €39.9 million (US$55.6 million), or €2.28 per share, from a loss of €4.1 million in the same period […]