R&T: Spyker Sues GM for $3 Billion

[NewsCopy]

Dutch supercar manufacturer Spyker N.V. is suing General Motors for an astonishing $3 billion dollars, on the grounds that the U.S. automaker stymied Spyker’s sale of its Swedish subsidiary, Saab Automobile, to Chinese investor Youngman Auto. The suit alleges that G.M. purposefully hindered the Spyker/Saab/Youngman deal to protect the company’s own interests in the lucrative [...]


Related posts:

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2. Spyker and General Motors Agree On A Deal For Saab
3. Spyker – BMW in Talks

The rest of the story

[ElizabethO]

I just heard about the suit that has been lodged against General Motors by Spyker, the Dutch sports car business and parent business of the all-but-dead Saab. General Motors is purported to have intentionally sabotaged a potential sale of Saab to Chinese investors, which pressured the long-time Swedish auto company into bankruptcy. Are you currently in the market to sell or buy a used or new automobile? If this seems like you, check out cars in Spokane!

[Turbine]

I didn't understand the interference at the time. Still don't.