End of era for Spyker. The company officially entered insolvency!

The decision to enter into the insolvency proceedings was made public by the company administrator, appointed by the court, after the application to obtain funding failed, and with it the reorganization plan.

The CEO Victor Muller said that throughout his career, tried to take bold ideas and the failures arose have left their fingerprints on the company, and the effects were not much expected.

The executive added that he would do everything in his power to revive the Spyker brand as soon as possible. In hopes of success, the CEO aims to collaborate with a manufacturer of high performance electric aircraft as Spyker supercars benefit of breakthrough technologies and clean energy.