Spyker losses mount, sales down

Luxury car maker Spyker booked a loss of €72m last year, including €36m from its abandoned venture into Formula 1 racing. Turnover fell from €20m in 2006 to €5m in 2007.

‘It was a dramatic year which we wish to put behind us as soon as possible,’ said CEO Victor Muller in a statement on Friday.

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