Car company will move to Midlands

Mon, 23 Nov 2009



According to recent car finance news reports, a luxury sports car manufacturer based in Holland will move to Britain to lower its cost. The news was welcome by the UK car industry, who have faced an incredibly challenging year.

Spyker Cars, a Dutch sports car company which only makes around 50 cars each year, claimed that the move would considerably increase efficiency and lower costs by moving the assembly line closer to the main parts supplier.

The decision was welcomed by the Society of Motor Manufacturers and Traders (SMMT). The chief executive of Spyker, Victor Muller, reportedly commented: "With approximately half of our vehicles parts and components sourced in the UK, and virtually all key suppliers being located there, moving closer to our suppliers and engineering partners will result in substantial savings and tangible efficiency improvements. We realise that jobs will be affected in the Netherlands but we believe this move is necessary under the current economic circumstances and is in the best interest of the company and all of its stakeholders."
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

 

Advice section: Pros & Cons | Finance Tips | Running Costs | Payment Options
Car finance partners

Halifax Loans