Supercar maker Spyker Cars is relocating vehicle assembly from Holland to the UK in order to save costs.
The niche manufacturer said that by relocating its assembly lines from Zeewolde to the Coventry base of its supplier, it will achieve considerable improvements in efficiency and substantial cost-reductions.
The move enables it to cut around 45 jobs from its 135-strong workforce in Holland. Engineering, sales, aftersales, marketing and its race team will remain at its Zeewolde operation.
The relocation of production is expected to be completed by the end of this year.
Victor Muller, CEO of Spyker Cars, said: "In these challenging times, a small manufacturer like Spyker has to find ways to reduce costs as well as improve its efficiency.
"By relocating vehicle assembly to CPP (Manufacturing), which was Spyker's very first contracting partner at the inception of our company in 2000 and has been one of our most trusted partners ever since, we secure the future of our business”.
“With approximately half of our vehicles’ parts and components sourced in the UK, and virtually all key suppliers being located there, moving closer to our suppliers and engineering partners will result in substantial savings and tangible efficiency improvements”.