Spyker has announced that Hans Go will step down as the company's Chief Financial Officer on July 1. Automotive News reports that since the sports car manufacturer's operations are being sold to Vladimir Antonov, the Spyker group will now focus solely on Saab. Rob Schuyt is currently acting CFO for the company, but the Swedish automaker is expected announce a permanent CFO later this year. Schuyt is also serving as the statutory director of Saab as well. Meanwhile, things are looking up for the embattled carmaker, as its new Chinese partner Pang Da placed an order for a whopping 630 vehicles.

All told, that deal will be worth around €15 million, or $21.69 million at current conversion rates. According to Automotive News, Pang Da eventually wants to snag a 24 percent equity stake in Saab for a total investment of around €65 million ($94M). That stake is part of a greater deal worth around €110 million ($160M).


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    • 1 Second Ago
  • 6 Comments
      air8271
      • 4 Years Ago
      Please correct the wording in the article. The 630 units is an ADDITIONAL order on top of the 1300 units placed last month. Saab's back-order is now approx 8,500 units.
      hmmwv
      • 4 Years Ago
      Definitely good news, the additional 630 vehicles will be sold in China in no time. Now SAAB get on and assemble them quickly.
      budwsr25
      • 4 Years Ago
      The current Saab's are great looking cars. I just hope spyker can make a go of the company and make some money. I hope the chinese like their new cars.
      nderosa1
      • 4 Years Ago
      no offense. I love saabs but sometimes as with old rusty it might be better just to put her to down.
      Jason
      • 4 Years Ago
      Being the CFO of Spyker is probably the nightmare of jobs.
      dukeisduke
      • 4 Years Ago
      So Hans Go is a No-Go?