Spyker officially declares bankruptcy
#1
Spyker officially declares bankruptcy
Press Release:
SPYKER COMPANIES DECLARED BANKRUPT
Zeewolde, the Netherlands, 18 December 2014. Today the District Court of Midden-Nederland, at the request of the administrator, converted the moratorium of payment, granted to Spyker N.V. and its wholly owned subsidiaries Spyker Automobielen B.V. and Spyker Events & Branding B.V. (collectively "Spyker" or the "Company") on December 2nd, last, to bankruptcy. The cause for this conversion was that the committed bridge funding did unfortunately not reach the company in time. The administrator will continue his work but now as receiver.
Victor R. Muller, Founder and Chief Executive Officer said: "None of the ambitions we had when we founded Spyker 15 years ago, has vanished as a result of today's events. In 2000 we set out to establish a super sports car business from scratch with a global distribution and we achieved that. Over the years we undertook some daring ventures that left their marks on the company which in turn contributed to today's demise.
However, I would like to make clear that as far as I am concerned "this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning" to quote Winston Churchill. I will relentlessly endeavour to resurrect Spyker as soon as practically possible and, assuming we will be successful, pursue our goal to merge with a high performance electric aircraft manufacturer and develop revolutionary electric Spykers with disruptive sustainable technology.
This is the moment to express my gratitude to our customers, dealers, suppliers and of course our employees and Board. Their loyalty and support was vital to build the brand over the past decade and a half. They can count on us continuing to live by the Spyker axiom "Nulla Tenaci Invia est Via" (Latin for "For the tenacious no road is impassible")."
Zeewolde, the Netherlands, 18 December 2014. Today the District Court of Midden-Nederland, at the request of the administrator, converted the moratorium of payment, granted to Spyker N.V. and its wholly owned subsidiaries Spyker Automobielen B.V. and Spyker Events & Branding B.V. (collectively "Spyker" or the "Company") on December 2nd, last, to bankruptcy. The cause for this conversion was that the committed bridge funding did unfortunately not reach the company in time. The administrator will continue his work but now as receiver.
Victor R. Muller, Founder and Chief Executive Officer said: "None of the ambitions we had when we founded Spyker 15 years ago, has vanished as a result of today's events. In 2000 we set out to establish a super sports car business from scratch with a global distribution and we achieved that. Over the years we undertook some daring ventures that left their marks on the company which in turn contributed to today's demise.
However, I would like to make clear that as far as I am concerned "this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning" to quote Winston Churchill. I will relentlessly endeavour to resurrect Spyker as soon as practically possible and, assuming we will be successful, pursue our goal to merge with a high performance electric aircraft manufacturer and develop revolutionary electric Spykers with disruptive sustainable technology.
This is the moment to express my gratitude to our customers, dealers, suppliers and of course our employees and Board. Their loyalty and support was vital to build the brand over the past decade and a half. They can count on us continuing to live by the Spyker axiom "Nulla Tenaci Invia est Via" (Latin for "For the tenacious no road is impassible")."
#3
Lexus Fanatic
Didn't they own Saab until just recently? GM, for several reasons, even with its huge resources, never made any money with Saab....it's not surprising that Spyker couldn't, either.
#4
A neighbor of mine owns one. I think he told me there were only six of them in the US. It is quite an unusual car. Once in a while he brings it to a local car show or a C&C and it always attracts the most attention.
I wonder if it will be like an artist dying and the value of his work accelerating.
Although it wasn't clear if the company may still emerge from bankruptcy.
I wonder if it will be like an artist dying and the value of his work accelerating.
Although it wasn't clear if the company may still emerge from bankruptcy.
#5
Lexus Fanatic
SURPRISE SURPRISE !! The writing has been on the wall for a while. When do you see them. When do you even read about them. They are unicorns with nice interiors. Sad but it is what it is. Im sure some Chinese company will pick them up
#6
Lexus Test Driver
I guess their SUV will never see the light of day. I think there is one Spyker in Canada and it is out in Alberta (someone won it in a lottery or something) or was it a Koenigsegg?!
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