Dutch builder of high-end bespoke sports cars Spyker has been officially declared bankrupt. Continue Reading...
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Spyker has officially began its restructuring process, having filed for voluntary financial restructuring. Continue Reading...
General Motors is in the clear regarding Spyker’s lawsuit on the American automaker. Continue Reading...
There are automakers and then there are automakers. There are the Chevrolets and Toyotas of the world that offer huge model ranges and sell thousands upon thousands of vehicles each year and then there are specialty boutique brands. Continue Reading...
Earlier this year, Spyker unveiled its B6 Venator Concept at the 2013 Geneva Motor Show, and now the Dutch automaker has dropped the top for the 2013 Pebble Beach Concours d’Elegance. Continue Reading...
Earlier this year at the 2013 Geneva Motor Show, Spyker unveiled its B6 Venator concept, and now a top-down variant will be revealed before the end of the year. Continue Reading...
As Spyker looks to rebuild its brand this year, the automaker is kicking off the revival with its B6 Venator Concept, a compact, two-door, mid-engine sports car. Continue Reading...
Spyker hinted that it would be heading to the 2013 Geneva Motor Show with a B6 Concept, and the above photo appears to be the first image of the concept sports car. Continue Reading...
Spyker is returning to the global stage at the 2013 Geneva Motor Show with the B6 concept, a car which the brand is teasing today. Continue Reading...
Spyker is working to bring its brand back into the spotlight, and rumor has it that the Dutch brand plans to debut a Porsche 911 rival at the 2013 Geneva Motor Show. Continue Reading...
Uncertainty overshadowed Dutch sports car maker Spyker over the last few years, and that’s something the brand is hoping to change. Continue Reading...
Coincidence? Shortly after Spyker sues GM for $3 billion over the Saab buyout, the Dutch automaker has signed a deal with Chinese automaker Youngman. As many know, Youngman attempted several times unsuccessfully to bid for Saab, but was blocked blocked by GM. Continue Reading...
Here we go again. Just when we thought the Saab buyout saga would be coming to a quiet conclusion, Dutch automaker Spyker has filed a lawsuit against General Motors on behalf of Saab, accusing GM of intentionally driving Saab into bankruptcy. Continue Reading...
Left languishing in the wake of Saab’s failure, Swedish luxury supercar maker Spyker desperately needs investors to stay afloat but it may be too much to ask for the company to overcome its current catch-22. Continue Reading...
Despite the tragic demise of the Saab brand, former Saab CEO Victor Muller isn’t going to quit just yet. Found wandering around the 2012 Geneva Motor Show during its first press day, Victor Muller announced, “I’m a reborn man!” Victor Muller elaborated upon the proclamation and revealed details to keep Spyker Cars, the Dutch hand-made… Continue Reading...
Bold and ambitious, Victor Muller founded Spyker Swedish exotic sports cars before purchasing Saab, believing in its return to past glory under his leadership. Confident in his abilities, Muller’s gamble on Saab put Spyker in danger as well. Following Saab’s devastating bankruptcy, Swedish Automobile N.V. (Swan for short, formerly Spyker Cars N.V.) have announced that there… Continue Reading...
U.S. private equity firm North Street Capital will give Saab a $70 million investment, including an equity stake worth $10 million and a $60 million loan to the ailing car maker. With Chinese-backed financing looking increasingly unlikely, the investment from North Street Capital, a firm run by auto enthusiast Alex Mascioli, will give Saab the… Continue Reading...
U.S. private equity firm North Street Capital, has purchased Spyker, after a deal to sell the Dutch outfit to Russian investors fell through. The Financial Times reported the news after viewing a preliminary draft of the announcement. It’s unclear how the Spyker sale will impact parent company Swedish Automobile, and its attempts to restructure Saab,… Continue Reading...
Having just signed a deal with two Chinese partners, Saab chief Victor Muller has immediately shown he knows how to work the media. Rather than sit quietly, Muller has already announced plans to build three new models, while a new joint-venture arrangement secures medium-term funding for the production of Saabs current lineup. Two of the… Continue Reading...
Saab will finally gain some stability, as the company will resume production tomorrow at its Trollhattan, Sweden, assembly plant. The facility has been idle for about six weeks. Saab’s owner, Dutch automaker Spyker, has been unable to secure the much-needed financing to pay off its suppliers, but the automaker says it has reached agreements that… Continue Reading...
As part of Spyker’s capital-raising efforts for its ailing Saab brand, the Dutch automaker is entering into talks with Chinese automotive company Pang Da, and will have to rename itself as Swedish Automobile N.V. as part of the deal. In return, Saab will get a $42 million cash payment, ostensibly to help pay Saab’s substantial… Continue Reading...
Since “All My Children” and “One Life To Live” have been canceled, soap opera fans can turn to Swedish car-firm Saab for their weekly dose of drama. Saab has seen its fair share of ups and downs in the last year and a half. General Motors almost left it for dead when a take-over deal… Continue Reading...
Saab appears to have yet again found a savior in China, announcing a joint venture with Pangda Automobile Trade Co., the largest distributor of vehicles in the world’s largest car market. The deal will see Pangda purchase 30 million Euros ($42.5 million) in Saab vehicles, with a second purchase of 15 million Euros ($21 million)… Continue Reading...
With the apparent collapse of the deal between Hawtai and Spyker, the Dutch parent company of Saab is now courting Chinese automaker Great Wall in an apparent bid to find a partner for the ailing Saab brand. Hawtai was apparently unable to get the necessary approval to complete a transaction with Saab worth 150 million… Continue Reading...