Tag Archives: Chinese buyers

GM/Saab – More "dirty tricks" allegations

There appears to be a lengthening queue of people who are claiming General Motors has got plenty to hide when it comes to the bankruptcy of Saab, and the resulting $3 billion lawsuit by Spyker against GM.

In the last couple of days the former head of the component suppliers association, CLEPA, told industry website www.just-auto.com, “I see some papers and emails that are very interesting regarding the action of GM. It is not going away. I suspect we have another scandal coming up.” Now the head of FKG, another suppliers association, has told the same website, “I am sure there has been a lot of dirty or half dirty business behind this last year, what really happened there.”

Former Saab owners sue GM for $3 billion

Spyker, who owned Saab until it went bust last year, is suing General Motors, saying that it effectively sabotaged a sale of the Swedish company to Chinese buyers.

We all know that litigation is the national sport of the United States, but this looks like a long shot to us. The basic argument is that GM would not licence its technology used by Saab to the putative Chinese buyer, so the deal fell through.