Plans to build Spyker super-cars in Coventry end

Hopes that a deal could be made that would see £175,000 Spyker super-cars made in the West Midlands have been dashed after a deal collapsed. Coventry-based CPP Global Holdings had an option to buy the Dutch super-car firm from Swedish Automobile, which was itself planning to buy Saab.

However both deals have failed to materialise, and Swedish Automobile has now confirmed that it plans to make Spyker cars in the Netherlands, not Coventry. This comes after CPP Global Holdings sold its CPP Manufacturing arm (out of administration) to fellow Coventry-based business Envisage Group.

A press release from Swedish Automobile states: “As a result of the situation that arose due to CPP’s administration, it has been decided to assemble Spyker C8 Ailerons in the works facility in Zeewolde — where the production of Spyker’s C8 Spyders and Laviolettes continued in the past two years — rather than in the UK.”