Dutch supercar maker Cars N.V. announced today that it is planning to move its manufacturing base from Zeewolde in Holland to its main supplier, CPP, located in Coventry, UK, before the end of the year. The company said that the decision to relocate its vehicle assembly was made to reduce production costs since more than half of the vehicle parts and components are sourced from the UK.

Victor R. Muller, CEO of Spyker Cars stated: “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.”

Spyker said that of the 135 people it employs in the Netherlands, around 45 jobs or more than a third of its staff will be directly affected by the move. Engineering, Corporate staff functions, Sales, After-Sales, Marketing and “Spyker Squadron”, the company’s Works’ GT race team, will continue to operate in Zeewolde.

However, the Dutch firm warned that “further headcount reduction may not be excluded” in the near future.