Spyker Cars, a Dutch luxury car maker, has posted a 72M Euros loss for 2007. The cause, they say, was in the sale of their Formula One and car business as well as GT racing activities. According to CEO Victor Muller, “2007 was a dramatic year, the likes of which the company had never seen before and which we would like to leave behind us as soon as possible.”
This year maybe better. The company has also received a loan and capital contribution from Snoras Bank in Lithuania resulting in a remarkable turnaround in the first quarter. According to them they were able to produce 12 cars and sell 18 this first quarter and they’re expecting even better sales in the next one. On the third quarter, the Spyker C8 Aileron model will go into production.



It’s interesting to know that an oil rich country in the gulf is interested in an environmentally friendly car.It’s been reported that Renault CEO Carlos Ghosn has stated that they are under negotiations to launch an electric car within a Gulf state. The company plans to roll out an electric-powered vehicle by 2010.”The electric car of the past was huge with a big battery … Today [they have] very attractive designs. [They are] sexy cars with attractive designs with no emissions,” he said.”An electric car has to be at normal cost or lower … [the] battery and electric charge has to be cheaper than gasoline. At 120 dollars per barrel, it will be very easy,” he added.

