Photo: Spyker
It’s yet unclear what sort of financial damage Spyker could take from Saab’s bankruptcy, but their image is very clearly damaged. The company that makes the C8 Aileron and C8 Aileron Spyder has to find new investors willing to put down cash, and it has to do this very soon.
Previous suitors for the small exotic car company included CPP Global Holdings and North Street Capital. Both companies put their plans on hold, however, as they try to see the damage that Saab’s fall will produce.
Spyker changed its name to Swedish Automotive when it bought Saab but has since reverted to its old identity. The company managed an impressive net profit of €126 million, according to De Telegraaf. But the Swedish publication says this is from a company restructuring, not business operations.
CEO Victor Muller has called Spyker “virtually debt free” but only time will tell if they can put the Saab era behind it.
Spyker changed its name to Swedish Automotive when it bought Saab but has since reverted to its old identity. The company managed an impressive net profit of €126 million, according to De Telegraaf. But the Swedish publication says this is from a company restructuring, not business operations.
CEO Victor Muller has called Spyker “virtually debt free” but only time will tell if they can put the Saab era behind it.
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