Spyker planning to enter on the Chinese auto market
By Andrew C., 30 Aug, 2010. 0 Comments
Spyker C8 Aileron Production
Spyker Cars N.V. has signed a deal with China Automobile Trading Co. to create a joint venture in China as its sole general distributor for its new generation of cars. Victor Muller, CEO of Spyker Cars, is highly optimistic about the emerging luxury car market. At the signing ceremony, Muller also talked about the Dutch luxury sports car maker finding its place in this market. Muller added that global carmakers would need to have a clear strategy for the Chinese market if it intends to progress. The agreement calls for the building of a network for Spyker's sales and after-sale service in China. It will offer supercars, luxury sport utility vehicles (SUVs) and luxury commercial vehicles as its major products. However, the joint venture has yet to get a formal government approval.
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