Netherlands-based Spyker Cars and England's Lotus will start sharing parts and technology in the name of save money while making some stunning automobiles. The two automakers announced the signing of a co-operative agreement this morning.

Outlining an agreement on their intended co-operation, a Parts and Platform Commonality Agreement has been confirmed, and includes a Parts and Accessories Supply Agreement that will see Lotus components installed in Spyker cars. Specifically, certain components for Spyker's new C8 Aileron super-sportscar will be provided by Lotus.

The companies also entered into a concept Design and Engineering Agreement relating to all of Spyker's future models.

Victor R. Muller, CEO of Spyker Cars, said "Our company has had a very fruitful cooperation with Lotus, developed over the past four years, relating to engineering services in respect of certain components of our cars, as well as in respect of worldwide certification. Spyker and Lotus have now come to the conclusion that they need to intensify their cooperation to the point that we intend to share parts and platforms, as well as an agreement on the supply of parts. Lotus Engineering has become Spyker's preferred subcontractor in respect of a number of engineering projects relating to the Spyker C8 Aileron and the Spyker D8 Peking-to-Paris."

Michael Kimberley, Lotus's CEO, added "We look forward to working with Spyker to expand our global business opportunities, projects and interests for our mutually synergistic products and technologies."