SPYKER CARS RELOCATES ITS VEHICLE ASSEMBLY LINES TO THE UK
(Thomson Reuters ONE) - ZEEWOLDE, The Netherlands (November 20, 2009) - Spyker Cars N.V.,manufacturer of exclusive premium sports cars, announces today thatit will relocate vehicle assembly to its supplier, CPP(Manufacturing) Ltd, UK.By relocating its assembly lines from Zeewolde to Coventry, Spykerwill achieve considerable improvements in efficiency and substantialcost-reductions. The relocation is expected to be completed by theend of this year.Of the 135 Spyker employees in the Netherlands, approximately 45 jobswill be directly affected. A full social plan will be prepared inconsultation with the trade unions, and Spyker will work with thetrade unions to assist the employees concerned in finding a new job.Engineering, Corporate staff functions, Sales, After-Sales, Marketingand "Spyker Squadron", the company's Works' GT race team, will remainin Zeewolde. Management will continue its efforts to reduce costs andfurther headcount reduction may not be excluded.Victor R. Muller, CEO of Spyker Cars stated: "In these challengingtimes, a small manufacturer like Spyker has to find ways to reducecosts as well as improve its efficiency. By relocating vehicleassembly to CPP (Manufacturing), which was Spyker's very firstcontracting partner at the inception of our company in 2000 and hasbeen one of our most trusted partners ever since, we secure thefuture of our business"."With approximately half of our vehicles' parts and componentssourced in the UK, and virtually all key suppliers being locatedthere, moving closer to our suppliers and engineering partners willresult in substantial savings and tangible efficiency improvements"."We realise that jobs will be affected in the Netherlands but webelieve this move is necessary under the current economiccircumstances and is in the best interest of the company and all ofits stakeholders," he added.Brendan O'Toole, Managing Director of CPP (Manufacturing), stated:"We have worked closely with Spyker since 2000 when we built theirvery first prototype chassis, and have grown with Spyker to becomeone of the leading low-volume manufacturers in the industry. We willmaintain the highest standards of quality in the assembly of Spykervehicles, while at the same time achieving significant costreductions and operational efficiencies for Spyker".-Ends-For further media information, please contact:Spyker Cars N.V.Niels Molewijk or Sander van DijkT: +31 (0)36 535 8787F: +31 (0)36 535 8780E: press(at)spykercars.comPFPR Communications LtdTom HousleyT: +44 (0) 1622 766 510E: thomas.housley(at)pfpr.comPeter RawlinsonT: +44 (0) 1622 691 361M: +44 (0) 7971 472 715E: peter.rawlinson(at)pfpr.comhttp://hugin.info/136917/R/1356242/329514.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 20.11.2009 - 08:50 Uhr
Sprache: Deutsch
News-ID 8669
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