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Spyker uncertainty leads to redundancies at CPP
Fri, 02 Dec 2011Will we ever see the Spyker C8 Aileron Spyder go in to production? Having geared up for production of Spyker Cars, the uncertainty surrounding ownership and future production has lead to management redundancies at CPP. It all started so well for CPP (Manufacturing, Global Holding et al) when it was announced that Spyker Cars had been bought by CPP.
It's Corvette Summer, come along for the ride
Fri, 27 Apr 2012One-hundred-octane blood flows through my veins. But nothing revs my engine quite like the Chevrolet Corvette. It's my dad's fault.
Spyker attempting to sell Saab real estate in money-raising move
Tue, 12 Apr 2011The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.