The history of the modern incarnation of Dutch brand Spyker is a short but troubled one. After launching in 2000 with a sports car called the C8, Spyker made the costly error of entering Formula One. It then made an even costlier error of trying to save Saab, which ultimately still went under and saw its assets sold off to National Electric Vehicle Sweden (NEVS). ALSO SEE: Tesla delivers 14,820 electric cars from January through March Spyker was almost a victim bankruptcy itself but a merger last year with American electric-aircraft startup Volta Volaré saved it. Now, the two firms...
Struggling Saab Now Valued At Just One-Fifth Of Tesla Motors
Saab fans all over the world are looking anxiously at a company that says it's pulled itself back from the brink of death. Again. The latest rescuer is the little-known Chinese carmaker Hawtai Motor Group, which will invest 120 million euros ($177 million) in Spyker Cars NV, the Dutch company that...John Voelcker