-
Recent Posts
- Death of the Diesel – EPA Clean Heavy-Duty Vehicles Grants
- Toyota Tacoma Pickup Adds First Hybrid Powertrain in 2024
- GM Posts $3 Billion in Q1 Earnings. Raises 2024 Guidance
- Sudden Power Loss Recall – Bronco Sport, Maverick Trucks
- Earth Day – Solar Grants from The Inflation Reduction Act
- April 20 – aka 420 – Marijuana Impaired Driving is Illegal
- Nissan Arc Business Plan is Sinking?
- NHTSA Probing Whether Ford Fire Recall is Adequate
- EPA Grants Emergency Fuel Waiver for Ethanol
- US Justice Department Expands Carjacking Task Forces
- EV Grumblings – 2025 Toyota Camry Will Be Hybrid Only
- GM Energy Offers Electric Vehicle-to-Home Charging
- March 2024 Global Light Vehicle Sales Effectively Flat
- EV Grumblings – Ford Cuts 2024 F-150 Lightning Prices
- UAW Practice Picketing at Daimler Truck in the US South
Recent Comments
- Janet L. Yellen on EPA Celebrates Inflation Reduction Act Anniversary
- Lael Brainard on Auto Industry Continues to Rebound from Pandemic Lows
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
- Sam Fiorani on Bidenomics and the State of the Union
- Gary Wilson on GM Expands Airbag Recalls Over Supplier ARC’s Objections
Archives
Meta
Tag Archives: spyker
Spyker Plans for B6 Venator Concept Production in 2014
Dutch automaker Spyker N.V. showed its B6 Venator Concept, at the 83rd Geneva International Motor Show today. The ultra expensive gambit to revive the slumping company is a compact, 2-door mid-engine sports car. Currently Spyker sells the C8 Aileron, limited production 400 horsepower super coupe. Continue reading
Posted in auto news, new vehicle, performance
Tagged auto informed, autoinformed.com, automotive news, GM, Ken Zino, spyker, Zhejiang Youngman
Leave a comment
Chinese Automaker Zhejiang Youngman to Buy 29.9% of Spyker
Chinese automaker Zhejiang Youngman will invest Euro €10 million in Spyker and take 29.9% holding of the company. A series of transactions starting next week will involve the purchase of 6.7 million Class A shares of Spyker at €0.05 per, as well as a loan of roughly €3.3 million to the Dutch company. Two new joint ventures to develop and manufacture Saab based vehicles will also being formed. In a statement issued this morning, Youngman said it will not increase its position further and has no intention of taking over Spyker – but that depends on which company you are looking at. Continue reading
Spyker Sues GM For $3 Billion Over Blocking Saab Sale to Chinese
In what could be viewed as the legal equivalent of a Hail Mary pass, Dutch automaker Spyker filed suit against GM in Detroit yesterday, alleging that GM forced the Swedish brand Saab into bankruptcy and then blocked a sale of the company to Chinese investors, which would have ensured its survival. Continue reading
Saab Files for Bankruptcy. It’s All Over Except for Mourning
The end of Saab was practically assured last Saturday when General Motors reiterated a long-standing position against Saab transferring GM intellectual property to the Chinese and having Chinese companies build a rebadged Cadillac SRX as a Saab in China. GM is the largest automaker in China, albeit with communist government dictated partners. Continue reading
Posted in auto news, economy, financial results, news, news analysis, results
Tagged auto informed, auto tariffs, autoinformed.com, automotive news, chinese auto industry, GM, Ken Zino, pang da, saab, saab bankruptcy, spyker, swan, trade, wto, youngman
1 Comment