Spyker to Appeal Dismissal of GM Lawsuit

#Lotus #Spyker #GeneralMotors


Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Posted: June 21, 2013 at 3:06 am

Former Saab Automobile owner Spyker Cars NV says it will appeal a U.S. federal judge’s decision last week to throw out its $3 billion lawsuit against General Motors Co.

The Dutch performance car maker sued GM last summer for allegedly pushing the Swedish carmaker into bankruptcy in 2011 by blocking Spyker’s attempt to sell Saab to China’s Zhejiang Youngman Lotus Automobile Co.

When GM sold Saab to Spyker in 2010, it retained rights to technology it previously contributed to the Swedish brand. The judge agreed with GM that the sale agreement required Spyker to obtain the American company’s permission before selling or licensing those technologies.

Related Topics


  • Designing the 2019 Ram 1500

    Ram Truck chief exterior designer Joe Dehner talks about how they’ve developed the all-new pickup. “We’ve been building trucks for over 100 years,” he says. “Best I could come up with is that this is our 15th-generation truck.”  

  • Truck vs. Truck; Steel vs. Aluminum

    According to Sandor Piszar, Chevrolet truck marketing director, “We engineer and build our trucks with customers’ expectations in mind.

  • 2016 Prius: The Fourth Generation

    The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).