Sports car maker switches manufacturing to Britain

Author: By Matthew Cooper, Press Association

The relocation by Spyker Cars, which was welcomed by the Society of Motor
Manufacturers and Traders (SMMT), will see its models being produced in
Whitley, Coventry, by the end of the year.

Spyker, which makes around 50 cars annually, said the move would achieve
considerable improvements in efficiency and substantial cost-reductions by
moving assembly to the site of its main parts supplier.

Victor Muller, the firm’s chief executive, said: “In these challenging times,
a small manufacturer like Spyker has to find ways to reduce costs as well as
improve its efficiency.

“With approximately half of our vehicles’ parts and components sourced in the
UK, and virtually all key suppliers being located there, moving closer to
our suppliers and engineering partners will result in substantial savings
and tangible efficiency improvements.

“We realise that jobs will be affected in the Netherlands but we believe this
move is necessary under the current economic circumstances and is in the
best interest of the company and all of its stakeholders.”

SMMT chief executive Paul Everitt said the UK had more specialist sports car
manufacturers than any other European country and the skills and expertise
to support further development.

“Investment in UK automotive facilities is good news for the industry and we
welcome the news that Spyker has chosen to relocate its vehicle assembly to
the UK,” he added.

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