Spyker May 12 press release said it terminated the previous Huatai Automobile and Saab strategic agreement, but the two sides are still discussing the possibility of cooperation.

Press release said the agreement ends, another way to Saab for strategic cooperation with China and Thailand, or with other car prices in China to cooperate.

Spyker said Huatai Automobile can not meet the conditions of the agreement, both sides were forced to immediately terminate and Saab cars and the agreement between Spyker. However, the two sides are still discussing the possibility of continued cooperation.

Press release saying, Spyker and Saab vehicles will work to ensure the safety of short and medium term funding. To this end, it is working with the Chinese side to discuss options of other car firms, debt and technology licensing and other issues.

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