It appears Spyker is strengthen its ties and carmaking ability with Chinese carmaker Youngman. This comes in the wake of the brand's latest dealings with a $3 billion lawsuit against General Motors regarding the demise of Saab. Youngman is reportedly investing €10,000,000 ($12.5M USD) for a 29.9-percent stake in the company. The shares are being sold for €0.05 (6.3 cents) each, representing a fully diluted share.
Autoblog , Spyker and Youngman sign deal, plan to build D8 SUV and Phoenix-based range, Spyker and Youngman sign deal, plan to build D8 SUV and Phoenix-based range
