The potential seizure of certain assets belonging to Spyker has been averted after the supercar maker paid a taxation bill which it had reportedly been disputing with the Dutch state.

According to portal worldcarfans.com, CEO Victor Muller has told Telegraaf.nl a scheduled auction has now been canceled as the payment to settle the debt was made on 3 July. A viewing of the assets was originally programmed for 25 July at Spyker’s headquarters, with the auction set to end on July 28.

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