CPP Global Holdings Ltd, a premium coachbuilding company based in Coventry, UK, has signed a Memorandum of Understanding to acquire the assets of the Spyker luxury sportscar company from Spyker Cars N.V. – the Dutch EURONEXT-listed holding company which currently operates the Spyker and Saab Automobile businesses. Continue reading ‘CPP Global Holdings Ltd to buy the Spyker luxury sportscar business’
Archive for the 'Spyker Cars' Category
Spyker Cars N.V., the exclusive Dutch luxury sportscar manufacturer, announced today a licensing Agreement with Expressions d’Artistes International, of Geneva, to design, manufacture and distribute on a worldwide basis an exclusive collection of high-luxury wristwatches entirely made in Geneva. (continue reading…)
General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB.
“Today’s announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances.
“General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we’re all happy for the positive outcome,” Smith said. (continue reading…)
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 would remove each of the obstacles that were standing in the way of a swift transaction. Continue reading ‘Spyker Cars renews offer for Saab’
Spyker Cars N.V., manufacturer of exclusive premium sports cars, announces today that it will relocate vehicle assembly to its supplier, CPP (Manufacturing) Ltd, UK.
By relocating its assembly lines from Zeewolde to Coventry, Spyker will achieve considerable improvements in efficiency and substantial cost-reductions. The relocation is expected to be completed by the end of this year. Continue reading ‘Spyker Cars relocates its vehicle assembly line to the UK’
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