The Spyker Race Car

Spyker takes back its original name post-Saab

The automaker Spyker has been through a rocky few years, first buying the struggling Saab brand from GM, then changing the company name to Swedish Automobile NV only to facr complete ruin in the wake of a failed attempt to rejuvenate Saab but the dying company has announced that they intend to take back the name Spyker NV.

The decision to change SWAN back to Spyker NV has been announced by the company and depending on the outcome of the shareholders meeting tomorrow night, Spyker NV will official exist again as of April 18th, 2012. There is a chance that the shareholders could reject this move but considering how unsuccessful the company has been under the SWAN name; it would be a shock to see the shareholders vote this move down.

It is hard to say just what is left of the company formerly known as SWAN and soon to be formally known as Spyker NV, as during their attempt to save the Saab brand, the Spyker Cars division was reportedly sold to American equity firm North Street Capital. This means that Spyker may not have the rights to build the previous vehicles since they sold those rights to North Street. On top of that, prior to the Saab-induced collapse over the past year, Spyker wasn’t even building cars – instead sourcing the production of the cars to CPP Global Holdings.

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