Spyker looking for additional investors for future survival

2011 Spyker C8 Aileron High Resolution Exterior Wallpaper quality
- image 395681

The past few months haven’t been easy for Spyker. After ending its affiliations with Saab, and changing its name back from Swedish Automobile to Spyker, the company fell on hard times. CEO Victor Muller confirmed a few months ago that investors were needed and once found, production could substantially increase.

Unfortunately, those investors never materialized and, as a result, the economic viability of Spyker has continued on its downward spiral. Spyker was recently in serious investment talks with CPP Global Holdings and North Street Capital, but both firms have gone quiet in the past few months and Spyker’s future is looking very bleak yet again.

De Telegraaf recently reported that Spyker Cars posted a net profit of $154 million in just the first 6 months of the year and consequently, one would think that finding a large investor would be a walk in the park. Unfortunately, that’s not the case.

In saying that, however, Victor Muller’s statement that the company is “virtually debt free” doesn’t leave us with a great deal of confidence, as it’s clear that the firm’s undisclosed debt levels are dissuading investors from picking up the exclusive marque.

Despite this news, production of the Spyker C8 Aileron continues albeit at a slower pace.


Source: De Telegraaf

Brad Anderson
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  (648) posted on 08.5.2012

The Spyder’s Spyker C8 Aileron list of features is deceiving. If you don’t read properly, you’d assume it has a lot of functional components when it truly has only some. Anyway, $350K price tag for it is already reasonable.

  (594) posted on 08.3.2012

That’s right! @onielbryan improve more so that many investors will be interesting in the Spyker.

  (613) posted on 08.1.2012

I think the investors will not have their second-thoughts on investing for this great Spyker.

  (511) posted on 08.1.2012

Glad that they make it into the business. Hopefully, many investors will invest in this Spyker.

  (347) posted on 08.1.2012

154 million USD for the first six month this year is a good sign that this company will make have better project and development on their future models.

  (365) posted on 07.31.2012

They started it with a good Aileron model. No wonder if they can attract investors to participate on the future models.

  (247) posted on 07.30.2012

Glad that they make it into the business. Hopefully, many investors will invest in this Spyker.

  (372) posted on 07.29.2012

If they gained investors, they have to prove that they are worth to work with. It will survive with the help of modification and enhancement of the current Aileron.

  (599) posted on 07.26.2012

Even if they have the net profit of $154 million in the first and second quarter of the year, it doesn’t mean that it will attract investors.

  (314) posted on 07.26.2012

This Aileron will bring investors. As we can see on their plans for future productions, they are targeting 1,000 cars annually in coming years.

  (453) posted on 07.24.2012

If Spyker shows more impressive concepts, and their strength and capabilities on producing it, investors will have no second thoughts on investing on their company.

  (683) posted on 07.23.2012

I’m sure that great number of investors who will take chance to become part of the Spyker success.

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