Spyker saved again from Bankruptcy

This isn’t the first time that Spyker has called for bankruptcy but it has come to limelight that the the Dutch-based boutique supercar company has been helped by Volta Volare, a Portland, Oregon based manufacturer of electric airplanes. Before 1999 Spyker was going through financial turmoil as well but after that Victor Muller helped the company to revive until 2010. In 2010 Spyker made a miscalculated decision to buy Saab. Moreover, the company’s trouble actually started in 2006 when it decided to take over a F1 Team which resulted in unmatchable overheads.

Last December the company officially filed for bankruptcy protection but with luck on their side, the company has found an alternative route. So according to Victor Muller, “Spyker is back with a vengeance and we look forward to a bright future for the company…which is now set to build sensationally elegant and classy (electric) motorcars and electric planes for decades to come.” Official word is not out yet but its this move seems plausible given the growth of electric vehicles.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.