Lotus/ Spyker Deal

Carmakers sign agreement to share parts and technology



otus has signed a deal with Dutch supercar manufacturer Spyker to share parts and technology.

The agreement was announced in Zeewolde, Holland, today, and is designed to reduce parts and components costs.

The deal includes 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’, Spyker said in a statement.

Michael Kimberley, CEO of Lotus Cars, said he was delighted that Lotus will be Spyker’s preferred Engineering supplier for these unique ‘high Brand Image’ cars.

‘We look forward to working with Spyker to expand our global business opportunities, projects and interests for our mutually synergistic Products and Technologies,’ he 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.’

Victor R. Muller, CEO of Spyker Cars said: ‘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.’

Shame they aren't still in F1 !

Gary wrote:Shame they aren't still in F1 !

So true Gary ... I'm waiting for Lotus to return to the F1 scene although part of me thinks they would do best not to as it is a heck of a lot of cash involved and not sure Proton would be able to support Lotus with this kind of commitment.

I would love to see lotus compeat again, can't see it though, too much cash involved. I should think they have only just got back in the black.