Spyker signs deal for some Lotus engineering know-how

Spyker, the Netherlands based, financially challenged former F1 team owner and boutique manufacturer of some of the world’s more unusual supercars, has reached an agreement overnight with Lotus.

The agreement outlines an intended cooperation, which will include a Parts and Platform Commonality Agreement (PPCA), a Parts and Accessories Supply Agreement pursuant to which Lotus would provide certain parts for Spyker's new C8 Aileron, and a concept Design and Engineering Agreement relating to all of Spyker's future models.

"Our company has had a very fruitful cooperation with Lotus, developed over the past four years, relating to engineering services in respect of certain components of our cars, as well as in respect of worldwide certification,” said Victor R. Muller, CEO of Spyker Cars.

So what does all of this mean? Simply that Lotus are now a preferred engineering supplier for Spyker. Lotus engineering will be using their advanced light weight vehicle know-how and vehicle dynamics technology to assist Spyker in establishing themselves as a premium automotive player.