Spyker shares rise on technology share talks

Shares in luxury car maker Spyker rose sharply on Friday after the company said it is in talks with other car makers on sharing technology and parts for a new car based on a 1950s Saab model.


Spyker took over the ailing Swedish car company earlier this year.
‘Discussions are already ongoing,’ Bloomberg quoted CEO Victor Muller as saying in a telephone interview. ‘That will be on my plate for the next 100 days.’ He declined to say which other car makers are involved in the talks.
Muller told Bloomberg the new small car would be tear-drop shaped, inspired by the Saab 92 model that was in production between 1949 and 1956.
Spyker shares rose 13.5 cents, or 4.9%, to €2.89. The stock is up 35% this year, Bloomberg said.

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