-
Recent Posts
- Honda Racing has a New UK Formula One Base
- Hyundai 2025 Santa Cruz Debuts in New York
- PEVE to Become Toyota Battery Company
- Home EV Charging More Satisfying Than Public Charging
- Workers File Union Busting Charges Against Mercedes-Benz
- EPA Issues PFAS Test Order with Immediate Effect
- VW Chattanooga UAW Vote Set for April 17-19
- New Dodge Charger, Chrysler 300, Ram ProMaster Recalls
- Bentley CEO Adrian Hallmark Abruptly Leaves
- Toyota to Build New Tokyo Corporate Headquarters
- Chattanooga VW Workers Want UAW Election
- March US Vehicle Sales Up. Record Q1 Consumer Spending!
- Chinese Junk Watch – Starbucks Mugs Recalled
- Department of Commerce Proposes $8.5B Intel Funding
- EPA Finalizes Vehicle Pollution Standards for 2027-32
Recent Comments
- 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
- UAW Local 862 on Ford CEO Jim Farley on UAW Contract Ratification
- Michelle Krebs, Executive Analyst at Cox on Toyota Motor Q3 Profit Soars to ¥4.24 Trillion
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