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Spyker Cars

This article is about the Spyker sports car marque founded in 1999. For details about the holding company, see Spyker N.V. For details about the Spyker car and aircraft manufacturer in operation from 1880 to 1926, see Spyker.
Spyker Cars
IndustryAutomotive[1]
Founded1999; 26 years ago (1999)[2]
FounderMaarten de Bruijn[2]
Victor Muller[2]
Headquarters
Zeewolde
,
Netherlands[3]
Key people
Peter van Erp,COO[4]
ProductsSports cars[1]
RevenueDecrease €6.1 million (2012)[5]
Decrease (€13.8 million) (2012)[5]
Increase (€114 million) (2012)[5]
Total assetsDecrease €0.1 million (2012)[5]
Number of employees
37 (FTE, average 2012)[5]
ParentSpyker N.V.
(1999–present)[6]
Websitespykercars.com
Spyker N.V. logo

Spyker Cars (/ˈspaɪkər/, Dutch pronunciation: [ˈspɛikər]) is a Dutch sports car brand held by the holding company Spyker N.V. (formerly known as Spyker Cars N.V. and Swedish Automobile N.V.). The modern Spyker Cars held the legal rights to the brand name.[2] The company's motto is "Nulla tenaci invia est via", Latin for "For the tenacious, no road is impassable".[2] The marque's logo displays an aircraft propeller superimposed over a spoked wheel, a reference to the historic Spyker company that manufactured automobiles and aircraft.[7] In 2010, the company acquired Swedish car manufacturer Saab Automobile from General Motors.[8][9]

In September 2011, Spyker announced the impending sale of its supercar division to Greenwich, Connecticut based North Street Capital,[10]

In an attempt to save Spyker from bankruptcy, Swedish Automobile in September 2011, announced the immediate sale of Spyker to American private equity and hedge fund North Street Capital for €32 million (US$41 million),[11] and subsequently changed its name to Swedish Automobile N.V.[12] However, it was later revealed that the transaction did not occur.[13]

On December 18, 2014, Spyker confirmed that it had gone bankrupt, hoping to restructure its finances and getting back on its feet.[14] The bankruptcy declaration was reverted early 2015 and the company announced to continue with the production of sports cars.[15] In 2021, it went bankrupt again.[16] In January 2022, Spyker announced a return to building cars after being backed by Russian investors.[17]

  1. ^ a b "Spyker makes its first ever profit". Motorauthority.com. 2007-04-03. Archived from the original on 2016-08-11. Retrieved 2012-03-11.
  2. ^ a b c d e "Brief history of Spyker | Spykercars". Spykercars.nl. Archived from the original on 2012-10-15. Retrieved 2012-03-11.
  3. ^ "Spykercars". spykercars.com. March 17, 2014. Archived from the original on March 18, 2014. Retrieved March 17, 2014.
  4. ^ "Annual Report 2011" (PDF). Archived from the original (PDF) on 2016-03-12. Retrieved 2013-01-02.
  5. ^ a b c d e "Spyker - Annual Report 2012". Spyker Cars. 2013-04-29. Archived from the original on 2014-02-21. Retrieved 2014-02-12.
  6. ^ "Swedish Automobile". Swedish-automobile.nl. Retrieved 2012-03-11.
  7. ^ "Heritage | Spykercars". Spykercars.nl. Archived from the original on 2012-04-15. Retrieved 2012-03-11.
  8. ^ "General Motors and Spyker Cars Reach Agreement on Saab" (PDF) (Press release). Spyker Cars. January 26, 2010. Archived (PDF) from the original on March 23, 2012. Retrieved January 28, 2010.
  9. ^ "GM Reaches Agreement to Sell Saab to Spyker" (Press release). General Motors. January 26, 2010. Archived from the original on December 24, 2016. Retrieved January 28, 2010.
  10. ^ "Spyker sold to U.S. private equity firm". Archived from the original on 2020-03-09. Retrieved 2011-10-30.
  11. ^ Lavrinc, Damon. "Spyker sold to U.S. private equity firm". Autoblog.com. Archived from the original on 2020-03-09. Retrieved 2012-03-11.
  12. ^ "Spyker to change name into Swedish Automobile". MarketWatch. Dow Jones Newswires. 7 June 2011. Archived from the original on 17 October 2012. Retrieved 22 June 2011.
  13. ^ "Autoweek". Autoweek. 2012-01-18. Archived from the original on 2012-03-23. Retrieved 2012-04-06.
  14. ^ Joseph, Noah (18 December 2014). "Autoblog is now a part of Oath". Autoblog. Archived from the original on 23 December 2014. Retrieved 20 December 2014.
  15. ^ "Court vacates Spyker bankruptcy, plans for merger, Venator and electric cars". 2014-01-29. Archived from the original on 2015-02-27. Retrieved 2015-03-04.
  16. ^ "rtlnieuws.nl". 14 January 2021. Archived from the original on 2022-12-31. Retrieved 2022-12-31.
  17. ^ "Spyker Is Returning Yet Again To Build Sports Cars". Jalopnik. 2021-01-01. Archived from the original on 2022-01-02. Retrieved 2022-01-02.
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