Coventry Company Buys Out Spyker
Dutch supercar maker is now fully in British hands
Britain has a new supercar manufacturer to call its own today as Coventry-based CPP has announced a deal to buy the Spyker sports car brand.
Coachbuilder CPP Global Holdings has signed a Memorandum of Understanding to acquire the assets of the Spyker luxury sports car company from Spyker Cars N.V. - the Dutch holding company that currently operates the Spyker and Saab Automobile businesses - for 32 million euros (£27m).
CPP has produced chassis and body panels for Spyker since the brand's resurrection in 2000 and, in 2009, signed an agreement with Spyker to build the C8 Aileron (which will now get a Corvette-sourced V8) and all future Spyker models in their entirety at a new facility in Coventry.
"This acquisition is very positive news for everyone connected to Spyker," says Brendan O'Toole, Managing Director of CPP Global Holdings. "We're absolutely confident that independent ownership will enable us to rapidly progress an invigorated business plan, to which CPP is fully committed.
"Production of the new Spyker flagship supercar, the C8 Aileron, is progressing well and we are ramping up production of customer cars at our new purpose-built facility in Coventry. We have well-developed plans to expand the product range further, and the future for the Spyker brand is incredibly exciting."
The deal doesn't include the acquisition of the rather larger car maker Saab, however - that still belongs to Spyker Cars N.V.
If Saab stuck some tango'd we or ball kicking skuzzer in the car then it's UK sales would go through the roof. Just so long as they had a nice looking finance deal for the morons.
I only look at the Soovy for a laugh tbh. No paper really projects my own political viewpoint.
I think your comment from earlier does have some validity though and as we go deeper into this depression, which I is what I think we are now or about to be in, driving a new reg Audi or BMW will become a badge of "Look, look it isn't affecting me,"
I know its the politics of jealousy & envy and of course people need to spend their money in exactly the way that they want but I see problems ahead. If I was buying one of those cars now I would also be investing in a bodyshop because I can see a lot of keying going on in the coming months.
& of course I don't think its justified but very soon people are going to start looking for scapegoats and for people to blame. Its the way human nature works.
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