[8][9] In an attempt to save Spyker from bankruptcy, Swedish Automobile in September 2011, announced the immediate sale of Spyker to American private equity and hedge fund North Street Capital for €32 million (US$41 million),[10] and subsequently changed its name to Swedish Automobile N.V.[11] However, it was later revealed that the transaction did not occur.

[16] The reborn company[clarification needed] was founded by Victor Muller and Maarten de Bruijn in 1999, and since 2000, Spyker has been building exclusive sports cars like the C8 Spyder and the C8 Laviolette (with its elegant glass roof).

[22] Between 2003 and 2007, Spyker built the C8 Spyder T, with the Twin turbo system being developed in conjunction with Cosworth in England.

[24] In 2005, the head designer and founder, Maarten de Bruijn, left the company, and founded Silvestris Aquamotive which builds aluminum space frame speed boats.

[25][26] In 2006, Spyker built the C12 La Turbie with a V12 engine capable of 500 horsepower and acceleration from 0–60 mph in less than 4 seconds.

[30] On May 27, 2004, Spyker Cars listed on the Euronext Amsterdam Stock Exchange at €15.50, falling to a low of €8.28 in April 2005.

[40] In November 2009, Spyker announced that it would be moving production from Zeewolde to Whitley, Coventry, where assembly would be done in partnership with CPP Manufacturing.

General Motors (GM), receptive to the offer, entered into negotiations with Spyker and conducted an extensive due diligence effort.

From this, they learned that the Swedish monetary and security agencies had uncovered ties between the family of Vladimir Antonov—a major Spyker shareholder—and organized crime syndicates engaged in money laundering.

In part due to this, GM ended negotiations with Spyker on December 18, stating that it would begin a staged wind-down of operations at Saab Automobile in January if a buyer for it couldn't be found.

[51][52] The restructure was completed on June 15, 2011 when shareholders agreed at the company's annual shareholder meeting to change its official name from Spyker Cars N.V. to Swedish Automobile N.V.[11] By the end of 2010, however, Saab Automobile ran out of money and Spyker was unable to fund the losses.

The companies stopped paying their bills in early 2011, resulting in the halting of production on March 30 due to suppliers refusing to deliver parts on credit.

[65][66] Saab Automotive submitted a debt restructuring plan that would put the company on track to have positive equity by 2014 via a process that would involve terminating 500 employees to save €100,000.

[68][69][70] On November 7, GM rejected the deal with Youngman and Pang Da to prevent them from benefiting from technology Saab had licensed from it.

On December 19, following a month of unsuccessful negotiations with GM, Saab Automobile filed for bankruptcy due to being unable to find another company to acquire it.

[71][72][73] Swedish Automotive attempted to prevent the liquidation of Saab by putting Spyker Cars up for sale again, but was unable to find a buyer.

[76] In June 2012 the company was sold to the Chinese-Swedish investment group National Electric Vehicle Sweden (NEVS),[77] after which Swedish Automotive N.V. was renamed Spyker N.V. On August 6, 2012, Spyker announced that it would sue GM over the Saab bankruptcy,[78] with CEO Muller stating, "Ever since we were forced to file for Saab Automobile's bankruptcy in December of last year, we have worked relentlessly on the preparation for this lawsuit which seeks to compensate Spyker and Saab for the massive damages we have incurred as a result of GM's unlawful actions."

In June 2013, the US$3 billion claim was heard in Detroit, Michigan before US federal Gershwin Drain, who dismissed it on the basis that "General Motors had a contractual right to approve or disapprove the proposed transaction" due to Spyker having given GM the right to veto any change of ownership in the Saab acquisition agreement.

[85] On September 16, 2013, Spyker N.V. lost its listing on Euronext Amsterdam after failing to undergo a restructuring agreement.

[88] On 2 December 2014, Spyker NV was granted a moratorium of payment (financial restructuring) by the Central Netherlands District Court.

[89] On December 2, 2014, Spyker filed a voluntary petition to financially restructure ("surseance van betaling") to address short-term operational and liquidity challenges, the Dutch equivalent of Chapter 11 bankruptcy.

[90] The Central Netherlands District Court initially declared the company bankrupt on 18 December, but reversed course on 29 January, 2015 after Spyker appealed the decision.

The court's ruling granted the company a moratorium of payment to protect its assets from seizure by creditors for the duration of the restructure.

As with previous Spyker models, the car has typical aviation-inspired design elements such as NACA styled air-inlets.

Driver technology has been upgraded as well compared to previous models, with the C8 Preliator gaining a heads-up display and bluetooth connectivity for phones.

[5] On September 9, 2006, Spyker bought Midland F1 Racing, a Formula One team from Canadian businessman Alex Shnaider.