Tuesday, December 8, 2009

Lotus and Spyker Join Forces, Sign New Cooperation Agreement

It’s a cruel business world out there and it’s even nastier if you’re as small as Lotus and Spyker. With that in mind, it comes to no surprise that that the two niche sports carmakers are willing to intensify their bonds by signing a new cooperation agreement that will see models from the Dutch supercar maker use platforms and parts from Lotus. Moreover, under the new agreement Lotus will participate in the design and development of all future Spyker models.

Victor R. Muller, CEO of Spyker Cars comments: "Our company has had a very fruitful cooperation with Lotus, developed over the past four years, relating to engineering services in respect of certain components of our cars, as well as in respect of worldwide certification.” -Continued

“Spyker and Lotus have now come to the conclusion that they need to intensify their cooperation to the point that we intend to share parts and platforms, as well as an agreement on the supply of parts. Moreover, Lotus Engineering has become Spyker's preferred subcontractor in respect of a number of engineering projects relating to the Spyker C8 Aileron and the Spyker D8 Peking-to-Paris.”

Michael Kimberley, CEO of Lotus Cars Ltd., added: "Lotus is very pleased to be identified as Spyker's preferred Engineering supplier for these unique "high Brand Image" ground breaking cars. We look forward to working with Spyker to expand our global business opportunities, projects and interests for our mutually synergistic Products and Technologies”

“Lotus Engineering has a great heritage and solid track record in developing innovative solutions for clients and we look forward to using Lotus' advanced light weight vehicle know-how and vehicle dynamics technology to enable Spyker to establish itself as a dynamic premium automotive player.”

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