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Spyker and Hawtai Motor Group terminate earlier funding and partnership agreement

Green Car Congress

Spyker Cars N.V. and Hawtai Motor Group Company Limited terminated the agreement by and between Hawtai, Spyker and Saab Automobile AB (Saab Automobile) with respect to funding and strategic partnership. equity stake in Spyker on a fully diluted basis. Earlier post.) However, the companies say, discussions are ongoing.

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GM to Sell Saab to Spyker

Green Car Congress

General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. As part of the agreement, Spyker intends to form a new company, Saab Spyker Automobiles, which will carry the Saab brand forward. GM will continue to support Saab and Spyker on their way forward.

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Sale of Saab to Spyker Finalized; Sale of HUMMER Fails, Wind-Down to Begin

Green Car Congress

General Motors and Spyker Cars NV finalized the deal for Spyker to purchase Saab Automobile AB. Going forward, Saab and Spyker will operate under the Spyker umbrella, and Spyker will assume responsibility for Saab operations. The previously announced wind down of Saab operations has ended.

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Saab Automobile and Spyker enter into MOU with Pang Da Automobile on distribution/manufacturing partnership for China and equity participation

Green Car Congress

Four days following the termination of its strategic partnership with Hawtai Motor Group ( earlier post ), Spyker Cars N.V. Spyker) announced that it and Saab Automobile AB have signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., —PANG Qinghua, CEO of Pang Da.

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Dutch sports car brand Spyker developing electric SUV

Green Car Reports

The history of the modern incarnation of Dutch brand Spyker is a short but troubled one. After launching in 2000 with a sports car called the C8, Spyker made the costly error of entering Formula One.

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Saab Spyker to Consider Small 9-1 Line In Future, But Not Envisioned Now

Green Car Congress

Spyker Cars has provided further strategic and financial details regarding its acquisition of Saab Automobile AB from GM. With this financing in place, the business plan does not envisage any future funding being required, neither from Spyker or elsewhere, for Saab to return to profitability. Funding of Spyker. Earlier post.)

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Tesla Model 3 deposits, VW TDI update stalls, Spyker electric SUV: Today's Car News

Green Car Reports

Today, we look at the implications of the surge in Tesla Model 3 deposits, a European Volkswagen diesel recall stalls, and Dutch boutique carmaker Spyker may build an electric SUV. All this and more on Green Car Reports. We have the Tesla Model 3, Toyota Prius Prime, and more in our Week in Reverse feature and video.

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