In 2006 Dutch exotic car builder Spyker didn’t do very well financially, the company reported losses of 1.3 million euros for that year. But that amount seems positively cheery when compared against news coming out of the company today, which had Spyker reporting a loss of over 72 million euros in 2007.
The automaker fully admits that it made mistakes last year; the biggest and most costly of which had to have been its involvement in Formula One racing. CEO Victor Muller called 2007, “A dramatic year, the likes of which the company had never seen before and which we would like to leave behind us as soon as possible.â€
2008 seems to have a much better outlook for Spyker (it could hardly be worse), the company has been infused with capital from Snoras Bank in Lithuania, and is ready to start producing its C8 Aileron model in Q3. The company produced 18 cars in the first quarter of 2008, selling 12 of them. Spyker is also seeking an “aggressive expansion†to its dealer base in preparation for the launch of its D8 Peking-to-Paris model (in the gallery below) in 2009.
Spkyer keeps plugging along. I still love this underdog. Can’t wait to see whats new for them.
Terry on March 30th 2008 in Exotic Car Rental