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spyker

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    Report: Spyker considers closure as Saab parent Swedish Auto loses board members
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    Swedish Automobile NV ('Swan') continues to look to sell Dutch supercar manufacturer Spyker in the wake of the Saab bankruptcy. Swan said it will carry on with the sale despite the fact that the company's supervisory board has just abandoned the crippled enterprise. According to The Washington ...

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    Report: Swedish Automobile may be forced to liquidate even if Saab sale goes through
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    Swedish Automobile just can't seem to catch a break. Its main brand, Saab, has received government protection from creditors, looked for loans and even secured a tentative deal with Chinese automakers, but even if it manages sell the Griffin marque, Swedish Automobile may still end up getting ...

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    Breaking: Spyker sold to U.S. private equity firm
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    According to a report by the Financial Times, Spyker Cars has been offloaded to a Connecticut-based private equity firm after a deal to sell the supercar manufacturer to another set of investors failed a few months back. North Street Capital, LP is the supposed new owner of Spyker, which Saab ...

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    Report: Saab to file for protection from creditors
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    To say that Saab has had a rough 2011 would be one heck of an understatement. Sales are trickling slowly, the automaker's Trollhattan plant hasn't consistently produced vehicles since late April because suppliers weren't getting paid, and a failed alliance is making the Swedish automaker look ...

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    Report: Spyker CFO steps down, Saab gets big order
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    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 ...

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    Official: Saab to restart production after six-week suspension *UPDATE
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    Six weeks have passed since Saab was forced to halt production of its 9-3 and 9-5 models in Sweden due to a lack of funds needed to pay suppliers. The automaker had hoped to get production back up and running after it agreed to a deal with Chinese automaker Hawtai Motors, but that plan was ...

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    Official: Spyker to be renamed Swedish Automobile N.V. as Pang Da talks with Chinese gov't.
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    Spyker is on a Chinese money hunt, and it appears the automaker may have found a partner willing to pony up the cash. Pang Da, a Chinese automobile distribution company, had recently entered into a memorandum of understanding with Spyker. Now, Spyker is set to rename itself Swedish Automobile ...

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    Report: Saab announces memorandum of understanding with China's Pang Da
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    To say that Saab has struggled of late would be a gross understatement. The automaker has had to fight for loans, production was halted twice due to failure to pay suppliers, and an agreement with China's Hawtai Motors was scrapped after all parties failed to agree to the terms. Then there was ...

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    Report: Great Wall Motors denies Saab talks
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    According to The Detroit News, Chinese automaker Great Wall has made it clear that the company has not been in talks with Saab over a potential partnership. After word trickled down that a $233-million deal between the Swedish automaker's parent company, Spyker, and Hawtai Motor Group imploded, ...

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    Followup: Saab on the money hunt, still in discussions with Great Wall Motor?
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    Earlier this morning came word that Saab's deal with Chinese automaker Hawtai had fallen apart. While in discussions with Hawtai, parent company Spyker was evidently also talking with another automaker located in China – Great Wall Motors. According to Reuters, those talks have apparently ...

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