Tuesday 13th May 2008

Lotus/ Spyker Deal

Carmakers sign agreement to share parts and technology

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Lotus has signed a deal with Dutch supercar manufacturer Spyker to share parts and technology.

The agreement was announced in Zeewolde, Holland, today, and is designed to reduce parts and components costs.

The deal includes a ‘Parts and Platform Commonality Agreement (PPCA), a Parts and Accessories Supply Agreement pursuant to which Lotus would provide certain parts for Spyker’s new C8 Aileron super sportscar, and a concept Design and Engineering Agreement relating to all of Spyker’s future models’, Spyker said in a statement.

Michael Kimberley, CEO of Lotus Cars, said he was delighted that Lotus will be Spyker’s preferred Engineering supplier for these unique ‘high Brand Image’ cars.

‘We look forward to working with Spyker to expand our global business opportunities, projects and interests for our mutually synergistic Products and Technologies,’ he added.

‘Lotus Engineering has a great heritage and solid track record in developing innovative solutions for clients and we look forward to using Lotus’ advanced light weight vehicle know-how and vehicle dynamics technology to enable Spyker to establish itself as a dynamic premium automotive player.’

Victor R. Muller, CEO of Spyker Cars said: ‘Our company has had a very fruitful cooperation with Lotus, developed over the past four years, relating to engineering services in respect of certain components of our cars, as well as in respect of worldwide certification.

‘Spyker and Lotus have now come to the conclusion that they need to intensify their cooperation to the point that we intend to share parts and platforms, as well as an agreement on the supply of parts.

‘Moreover, Lotus Engineering has become Spyker’s preferred subcontractor in respect of a number of engineering projects relating to the Spyker C8 Aileron and the Spyker D8 Peking-to-Paris.’

[tegwin]

Hmmm...could produce some quite interesting cars.....goes like lotus looks like spyker...costs the same as the moon

[kevin ritson]

Let's hope they aren't sharing accountancy tips

[chunkymonkey71]

Did Spyker not use lots of Audi bits?

[timewatch]

Ah !

STOP Retro Lotus ahead.

OR ( LOTUS = Lots Of Trouble Usually Spyker ? ) well it's a change from the norm and a chance to pass the buck er- I mean Pound ££££££.

Massive difference in quality between Spyker and Lotus, I always thought that Lotus raided the parts bin of as many major manufacturers as possible.

A technology exchange I can see being a benefit but not parts, or is there something I don't see here ?

TW>>>

Edited by timewatch on Tuesday 13th May 15:17

[layabout]

I would have thought Spyker benefit more from this deal more than Lotus,could still be interesting though.

[brum]

Surely this will be one way traffic.
What are Spyker likely to have that Lotus would want.
Lotus to supply Spyker would surely be a more accurate reflection of the situation?

[LivinLaVidaLotus]

Doesn't sound much like a sharing agreement, sounds more like a consultancy and supply agreement, they get access to Lotus knowhow and Lotus chassis technology - most likely the new platform as to be used in porject Eagle.

[Mr Whippy]

Lets hope that Lotus are not buying into Spyker for this kind of expertise



Dave

[jazzyjeff]

timewatch said:

Ah !

Massive difference in quality between Spyker and Lotus, I always thought that Lotus raided the parts bin of of as many major manufacturers as
possible.

Given that an Elise costs £25-30k but a Spyker in excess of £200k I should think so!!!

JJ

[ZesPak]

to be honest, i got a semi when i read this news
Lotus-like handling & performance on a Spyker-looking car!!!

[dinkel]

PH said:

The deal includes a ‘Parts and Platform Commonality Agreement (PPCA), a Parts and Accessories Supply Agreement pursuant to which Lotus would provide certain parts for Spyker’s new C8 Aileron super sportscar, and a concept Design and Engineering Agreement relating to all of Spyker’s future models’, Spyker said in a statement.

Don't get overexcited. Over 40% of cars sold in Europe have Lotus technology aboard.

Good deal though.

[RobCrezz]

Do Spyker make their own engines? If so a powerfull engine would be good for a new bigger lotus sports car.

[DucatiGary]

lets hope new loti come complete with the alloy key fob that spyker use, that alone is worth doing the deal for

[Foolish Dave]

It'd be good if Lotus do get to raid the Spyker parts bin for interior trim

[Titan Simba]

RobCrezz said:

Do Spyker make their own engines? If so a powerfull engine would be good for a new bigger lotus sports car.

I think you're missing the point of a Lotus: save weight, save weight, save weight... and then charge your customers the earth for it.

[clarencegi77]

yup! better interior appoinments for lotus, not so keen on the exterior styling on the spykers though... this is great and all, but can't really expect much from it, considering it's just a parts deal, it's not as though they have decided to share engines/ chassis...

[northo]

ZesPak said:

to be honest, i got a semi when i read this news
Lotus-like handling & performance on a Spyker-looking car!!!

They already have that!

I have to say, I got pretty excited when I saw this - a Spyker with Lotus fettled handling would be feckin awesome, and it's already good. This can only be a good thing for both companies.

[timewatch]

Mr Whippy said:

Lets hope that Lotus are not buying into Spyker for this kind of expertise



Dave

That is the only 4X4 I would buy if I had the money, it is beautiful inside and out.

I saw it at the New York motor show a couple of years ago and thought it was fantastic + a earth shattering price too !
if you want exclusivity then this is the car to have.

Simply stunning.

TW>>>

[dinkel]

northo said:

ZesPak said:

to be honest, i got a semi when i read this news
Lotus-like handling & performance on a Spyker-looking car!!!

They already have that!

I have to say, I got pretty excited when I saw this - a Spyker with Lotus fettled handling would be feckin awesome, and it's already good. This can only be a good thing for both companies.

Thing is: the bling-look covers it.
Many think - an I thought too - it wasn't a drivers car, like the Lotus is. But it is.

It isn't that heavy - due to lack of the electric nanny-stuff.

How many here drove a Spyker?

[RobCrezz]

Titan Simba said:

RobCrezz said:

Do Spyker make their own engines? If so a powerfull engine would be good for a new bigger lotus sports car.

I think you're missing the point of a Lotus: save weight, save weight, save weight... and then charge your customers the earth for it.

No im not.

Lotus are making a new bigger sportscar similar to the Esprit.