Unfinished Saab cars stand where they were left when production halted on the assembly line at the Saab Automobile plant, owned by National Electric Vehicle Sweden AB, in Trollhaettan, Sweden, on Jan. 29, 2013.
Tag Archives: Saab
Saab gets ready to restart production
Saab’s new owner is seeking to restart production at the automaker’s mothballed factory in Sweden later this year.
Saab’s U.S. liquidation plan earns court approval
The bankrupt U.S. arm of Swedish automaker Saab Automobile AB has gained court approval of a plan to liquidate and pay back creditors, effectively ending its bankruptcy.
Spyker will appeal dismissal of $3 billion lawsuit vs. GM
Dutch sports car maker Spyker said it will appeal a U.S. judge’s decision to dismiss its $3 billion lawsuit accusing General Motors Co. of trying to bankrupt Swedish automaker Saab.
Spyker said on Wednesday that it would appeal the decision following a “careful review” of the court’s opinion. No further details were disclosed and Spyker CEO Victor Muller was not immediately available to comment.
Saab parent’s $3 billion lawsuit versus GM thrown out by U.S. judge
Dutch sports car maker Spyker NV’s $3 billion lawsuit accusing General Motors Co. of trying to bankrupt Swedish automaker Saab was dismissed today by a U.S. judge who said the U.S. automaker had the right to block the sale of a company using its technology.
Spyker sued GM in August 2012, seeking damages and accusing the U.S. automaker of trying to stop a deal with Zhejiang Youngman Lotus Automobile Co. and eliminate a potential rival in the growing Chinese market.
