Spyker shares plunge 18 pct after brief suspension

AMSTERDAM, March 30 (Reuters) – Shares in Spyker Cars
(SPYKR.AS: Quote, Profile, Research) fell 18 percent early on Wednesday on news that its
Swedish auto maker Saab had halted production the previous day.

Trading in Spyker shares in Amsterdam was suspended in the
first few minutes of trading, an automatic response to any big
opening move in a stock.

Spyker’s chief executive, Victor Muller, told Reuters on
Wednesday morning that production was halted for two hours on
Tuesday because a transport company wanted better payment, but
he said that production resumed on Wednesday.

Swedish newspaper Dagens Industri had earlier reported that
production had been halted after some suppliers stopped
deliveries due to unpaid bills. [ID:nLDE72T095]
(Reporting by Sara Webb; Editing by Aaron Gray-Block)

Spyker shares plunge 18 pct after brief suspension