SpykerLoan

Spyker-Saab is reportedly passing "Go" and collecting $547 million while they're at. According to Automotive News, the €400 million loan courtesy of the European Investment Bank (EIB) has received final approval. There's even more good Saab-related news (that almost feels weird to type) ...

Spyker is bankrupt. Old news, actually, it happened in 1926. Spyker Cars, founded in 2000, however, got a little extension on life back in September when it mortgaged the Spyker name for a €12.5 million loan from Friesland Bank. Spyker says the deal is nothing out of the ordinary but a ...