Spyker suspends production at Saab

Dutch sports car maker Spyker has suspended production at the Saab plant in Sweden until the ‘supply chain issue’ has been resolved, a spokesman has told news agency AFP.

Spyker bought Saab from General Motors last year.
Production was also halted for a time last week after suppliers stopped delivering parts because their bills were not being paid.
Spyker’s CEO Victor Muller has now conceded the company needs major investment and the company is pinning its hopes on Russian investor Vladimir Antonov.
Antonov is a long-time backer of Spyker but was kept out of the Dutch firm’s deal to buy Saab because of GM’s concerns over his suitability as a shareholder in the new group. Spyker sold its luxury car arm to Antonov in February.

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