Spyker and Lotus Sign Cooperation Agreement

Spyker C8 Aileron at Geneva

Share parts and platforms

By Frank de Leeuw van Weenen
May 13, 2008 10:43 AM
Filed Under: European, Industry, Lotus, Spyker

Spyker Cars from The Netherlands and Lotus Cars from England have today signed a Parts and Accessories Supply Agreement, which includes a Parts and Platform Commonality Agreement (PPCA). Lotus will supply the Dutch exotic car maker with parts for its new C8 Aileron long-wheel based super sports car and a concept Design and Engineering Agreement relating to all future Spijker models.

At first glance, a parts sharing agreement is maybe not earth shaking but the WCF newsroom is wondering which parts and platforms the two car marques could share? Its not as if Lotus currently has a similar car in its line-up even if the Eagle project will be unveiled this summer.

Victor R. Muller, CEO of Spyker Cars said: “Spyker and Lotus have now come to the conclusion that they need to intensify their cooperation to the point that we intend to share parts and platforms, as well as an agreement on the supply of parts. Moreover, Lotus Engineering has become Spyker’s preferred subcontractor in respect of a number of engineering projects relating to the Spyker C8 Aileron and the Spyker D8 Peking-to-Paris.”

Michael Kimberley, CEO of Lotus Cars, added: “Lotus Engineering has a great heritage and solid track record in developing innovative solutions for clients and we look forward to using Lotus’ advanced light weight vehicle know-how and vehicle dynamics technology to enable Spyker to establish itself as a dynamic premium automotive player.”

Source: Spyker Cars

Press Release (Click to expand)

Spyker Cars N.V. and Lotus Cars Ltd., of Hethel, England, announce the signing of a cooperation agreement.

Spyker and Lotus have reached agreement today on the outline of their 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 super sportscar, and a concept Design and Engineering Agreement relating to all of Spyker’s future models.

The parties’ objective is to reduce costs of parts and components by sharing technology.

Victor R. Muller, CEO of Spyker Cars comments: “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. Spyker and Lotus have now come to the conclusion that they need to intensify their cooperation to the point that we intend to share parts and platforms, as well as an agreement on the supply of parts. Moreover, Lotus Engineering has become Spyker’s preferred subcontractor in respect of a number of engineering projects relating to the Spyker C8 Aileron and the Spyker D8 Peking-to-Paris.

Michael Kimberley, CEO of Lotus Cars, added: “Lotus is very pleased to be identified as Spyker’s preferred Engineering supplier for these unique “high Brand Image” ground breaking cars. We look forward to working with Spyker to expand our global business opportunities, projects and interests for our mutually synergistic Products and Technologies. Lotus Engineering has a great heritage and solid track record in developing innovative solutions for clients and we look forward to using Lotus’ advanced light weight vehicle know-how and vehicle dynamics technology to enable Spyker to establish itself as a dynamic premium automotive player.”