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Spyker shares slump after scoop on Spyker`s plans for Saab

Spyker shares slump after scoop on Spyker`s plans for Saab

Shares in Dutch luxury carmaker Spyker slumped 7 percent on June 2 after Reuters reported that CEO Victor Muller was close to a decision on building a new model at Saab, the Swedish motor company bought by Spyker in a gutsy $400 million deal. Muller said that talks with partners on supplying parts for the new car were advanced and that financing was a key issue, underscoring how risky such a move will be for the group.

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