Spyker Cars

About Spyker Cars

Spyker Cars (, Dutch pronunciation: [ˈspɛikər]) is a Dutch sports car brand held by the holding company Spyker N.V. (formerly known as Spyker Cars N.V. and Swedish Automobile N.V.). The modern Spyker Cars company held the legal rights to the brand name. The company's motto is "Nulla tenaci invia est via", Latin for "For the tenacious, no road is impassable". The marque's logo displays an aircraft propeller superimposed over a spoked wheel, a reference to the historic Spyker company that manufactured automobiles and aircraft. In 2010, the company acquired Swedish car manufacturer Saab Automobile from General Motors. In an attempt to save Spyker from bankruptcy, Swedish Automobile in September 2011 announced the immediate sale of Spyker to North Street Capital for €32 million (US$41 million). Subsequently, the company changed its name to Swedish Automobile N.V. However, it was later revealed that the transaction did not occur. On 18 December 2014, Spyker confirmed that it had gone bankrupt, hoping to restructure its finances and get back on its feet.