Spyker settles tax debt, cancels auction of assets

News hit last week that Spyker appeared to be in trouble. Citing an outstanding tax bill, local authorities had apparently seized an array of the company's assets – including racecars, road cars, concept cars and spare parts – and were selling them off in order to pay off the company's debt. It now seems, however, that Spyker is in the clear. In a statement sent to Autoblog, Spyker CEO Victor Muller said:

There is no auction or issue, and this should never have been news. A business tax dispute was settled and paid last Wednesday, yet the authorities took nearly five full days to process the payment. During this time, there was a website link to an auction that caused negative press for Spyker Cars. That link has finally been removed and the authorities have confirmed their receipt of payment.

So there we have it: everything's hunky-dory over at Spyker HQ in Zeewolde. The company has apparently settled its debts and is raising capital through a bond issue. But Spyker is more than a holding company (especially since offloading Saab), it's an automaker, and sooner or later it's going to need to produce an actual car.

To that effect, Muller continues: "Spyker Cars remains on track with the production of the B6 Venator and will be releasing additional details in the near future." So we'll have to wait at least a little while longer to find out how Spyker's new project (pictured above in Spyder concept form) is progressing, but for now it seems that things are at least moving in a forward direction. Or, at least, not in reverse.