UPDATE 1-Spyker sees further losses on rising sales

Newswire

* Q3 operating loss 50 million euros vs 3.4 mln loss yr ago * negative equity 169 mln euros * sees no need to recapitalise (Adds details) AMSTERDAM, Oct 29 (Reuters) - Spyker , the loss-making Dutch sports car maker which acquired Saab from GM earlier this year, said it expected to post further losses in 2010 and 2011 before turning to profit in 2012. Due to a production stoppage at Saab, the Zeewolde-based group expects to sell 30,000-35,000 cars this year, while keeping its 2011 ...

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