Spyker and Youngman have joined forces

Posted on Tuesday, 28 August 2012 , 10:08:26 byEmil

Filed under youngmanspykerd8-perking-to-parisphoenixsaabinvestmentSpykerEuropeanSaabTechnology

Spyker and Youngman have joined forces


Time has come for two companies to join forces again with the aim of developing one incredible car, capable of taking our breaths away. We are talking about Spyker and Zhejiang Youngman which managed to create two new joint ventures after signing an agreement. Zhejiang Youngman will invest around EUR10 million just to obtain 29.9 % stake in the company. The contract says they will have to deliver the first EUR2.3 million within a week. The rest of the money will have to be paid in 45 days. There will be also a joint-venture called Spyker P2P B.V. Here Youngman will obtain 75% stake for EUR25 million. Spykers part is to give them technology for the development of the production version of the D8 Perking-to-Paris. The ones interested should know that model will be available for sale by the end of 2014 and its price was established for $250.000. The other joint-venture is called Spyker Phoenix B.V. and 80% will belong to Youngman and only 20% to Spyker. Here, the specialists will build premium cars that have as base the Phoenix platform. For the ones that do not know, this platform was used for Saab. In a declaration, Spyker CEO Victor Muller said that even after the unfortunate demise of Saab, they have been fighting to continue the cooperation with Youngman an have made different investments to the benefit of both companies. After this venture, both Spyker and Youngman will continue working hard trying to reach the objectives each had in mind when they were still partners with Saab Automobile AB. More information on this matter, on how will the two companies manage to collaborate will be revealed at a later date. 



Spyker and Youngman have joined forces image Spyker and Youngman have joined forces image
Spyker and Youngman have joined forces image Spyker and Youngman have joined forces image
Spyker and Youngman have joined forces image Spyker and Youngman have joined forces image