Dutch sports carmaker Spyker Automobielen has filed for the Dutch equivalent of bankruptcy and is seeking a voluntary financial restructuring.
The company has been struggling to turn itself around ever since its brief and abortive attempt to run Swedish-based Saab fell apart in 2011. Spyker says it “today filed a voluntary petition for financial restructuring in an effort to address certain short-term operational and liquidity challenges.”
Ironically, the announcement was made just as the new owners of Saab sought an extension in their own bankruptcy filing in Sweden. National Electric Vehicle Sweden says it needs the extra time to work out a deal with a new investor that could keep operations at its Trollhattan assembly plant going. (more…)