General Motors has asked for more time to reply to the lawsuit brought by Spyker over the Saab affair, and Spyker has agreed to extend the deadline one month until September 28. A quick refresh: Spyker has accused GM of tortious interference in Saab's dealings with the Chinese investors that might have been able to save the company, and intentionally and unlawfully driving Saab into bankruptcy.

The Dutch sports car maker is seeking $3 billion in damages, that number being its putative valuation of Saab had it worked out a deal with Chinese investor Youngman. GM's position is still that the lawsuit has no merit. You'll find Spyker's press release about the extension below.
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SPYKER AGREES TO GM's REQUEST FOR A 30-DAY EXTENSION OF THE DEADLINE TO RESPOND TO ITS COMPLAINT.

Zeewolde, the Netherlands, 24 August 2012 -- Spyker N.V. ("Spyker") announces that it has agreed to General Motors Company's ("GM") request for a 30-day extension of the August 28 deadline to respond to the Complaint, which response is now due on September 28.

Spyker and Saab Automobile AB filed the Complaint on Monday, August 6, at 08.00 EST. The lawsuit seeks redress for the unlawful actions GM took to avoid competition with Saab Automobile in the Chinese market. GM's actions had the direct and intended objective of driving Saab Automobile into bankruptcy, a result of GM's tortiously interfering with a transaction between Saab Automobile AB, Spyker and Chinese investor Youngman that would have permitted Saab Automobile AB to restructure and remain a solvent, going concern.


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    • 1 Second Ago
  • 12 Comments
      dohc73
      • 2 Years Ago
      It's too bad that they aren't gonna be around anymore, I just saw a 9-4 on the road the other day for the first time in person and it looked really good despite its humble origins. Not so much with the new 9-5 though. Still think the 9-3 looks new and fresh today with it's perfect size and tight proportions.
      luigi.tony
      • 2 Years Ago
      Yeah, don't expect GM to be transparent and reply. I'm sure Obama will pull another "executive privilege" out of his ass to protect his car CZAR from having to answer question from the lawyers. Just like "Fast and Furious".
        Sir Duke
        • 2 Years Ago
        @luigi.tony
        You're a dishonest clown, go back and see how many times GWB and Dick Cheney invoked "executive privilege". Guess you're either desperate to find something to whine about, or is suffering from selective amnesia.
      kevsflanagan
      • 2 Years Ago
      Without merit yet asks for 30 more days. Yeah smart move GM. If its without merit you should be able to walk into court with little to no prep and blast this case out of the water easily by using a intern lawyer. I think they did see they did something wrong and are trying to find legal loopholes to ensure it doesnt bite them in the ass. Do I think GM did something wrong, not really. They were protecting themselves but on the flip side I think they over reached a bit in blocking the sale(s).
      mbukukanyau
      • 2 Years Ago
      Spyker is going to loose this lawsuit. If its the loosing party pays costs, Spyker might end up being a GM division
      Jonathan Ippolito
      • 2 Years Ago
      Spyker is currently sueing BMW,GM and several potential investors ! Sad Spyker needs money so badly that they sue anyone and everyone to get money to finance their cars just because they have no clue how to run a profitable car company to begin with .
        Mondrell
        • 2 Years Ago
        @Jonathan Ippolito
        Saab Automotive Parts is being served by BMW for allegedly defaulting on their parent company's obligations by accepting, but not paying for deliveries related to their engine partnership. But you do otherwise make a valid point; as much as I like Muller's passion, he's never managed to run Spyker profitably in part because of moonshot deals like this (anyone remember the F1 team?)
      theblackemblem
      • 2 Years Ago
      So let me get this straight: there are two lawsuits related to Saab so far. One is filed by Spyker, and another one is filed by BMW... This Saab drama just won't end!!
      sanmusa
      • 2 Years Ago
      FUGM
      thatitaliankid321
      • 2 Years Ago
      This extention of time is only going to hurt spyker with legal costs. Spyker had investment by GM in Swedish auto. GM kept blocking any investment deal for fear of technology transfer. GM can drag their feet on this because they know spyker has little cash. GM had 326 million in spyker stock to make sure that GM could find a suitable way to get saab to investors without affecting thier operations in china. GM isnt at fault because Spyker kept making deals that GM would not aprove as a major key stock holder. SAAB is done for. Spyker needs to realize this was the 60+ year old edsal and will be joining other Niche car brands such as Edsal, Saturn, Eagle, ect. this is also the reasons why Hummer and Saturn are gone. GM wanted to make sure any brand or Past property wasnt competeing against them in critical markets.