Former Saab owner Spyker has announced plans to set up two new joint ventures with Chinese OEM Zhejiang Youngman Passenger Car Group. Under the proposal, Youngman will invest €10m (US$12.5m) in Spyker for a 29.9% stake in the company. The first €2.3m in funding will be paid within seven days Subscribe to Automotive World to … Continued
Former Saab owner Spyker has announced plans to set up two new joint ventures with Chinese OEM Zhejiang Youngman Passenger Car Group. Under the proposal, Youngman will invest €10m (US$12.5m) in Spyker for a 29.9% stake in the company. The first €2.3m in funding will be paid within seven days
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/95614-netherlands-china-spyker-and-youngman-to-form-2-jvs/
Join our LinkedIn Group
Let us help you understand the future of mobility
