US District Judge Gershwin Drain has dismissed a $3-billion lawsuit Spyker filed against General Motors. In the suit, Spyker accused GM of attempting to bankrupt Saab after the US automaker had already sold the company to Spyker. GM in effect blocked the sale of Saab to China's Zhejiang Youngman Lotus Automobile Company by prohibiting the transfer of some of its intellectual property. But the court found that GM had a "contractual right" to approve or disapprove any change of ownership. Furthermore, Reuters reports Judge Drain said the contract between GM and Spyker "is clear, unambiguous and absolute" on the matter.

GM, meanwhile, says it is pleased with the ruling. Spyker CEO Victor Muller has not said whether or not his company will appeal the ruling. The Dutch automaker is expected to make a final decision once the court issues its written order on the case.

You can read the official Spyker press release about the court ruling below for more information.
Show full PR text
Spyker N.V. : District Court rules in favour of GM in response to GM's motion to dismiss

Zeewolde, 10 June 2013 - Spyker N.V. ("Spyker") announces that the District Court for the Eastern District of Michigan ruled on General Motors' ("GM") Motion to Dismiss (in response to Spyker and Saab Automobile AB's claim for tortious interference filed in August 2012) after oral argument, in favour of defendant GM. The Court's Memorandum Opinion will follow within two weeks as of today.

Spyker will assess whether it shall excersize its right to appeal upon review of the said Memorandum Opinion.


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  • 25 Comments
      Marc Hamady
      • 1 Year Ago
      I hope GM goes bankrupt in a few years and doesn't get a bailout. I hope Saab comes back. Long live Ford! The judge was forced to throw the lawsuit out, and Spyker should forget about GM and move on.
      redgpgtp97
      • 1 Year Ago
      Ha, not surprised since GM bought Saab and practically destroyed it as a Swedish company by using GM partsbin in Saab vehicles and using the 2.0 turbos in Saabs in GM vehicles.
        krusshall
        • 1 Year Ago
        @redgpgtp97
        Saab was well on its way to failure before GM so being Swedish wasn't doing anything for them. But hey they could always say look at me I'm Swedish.
          Tone
          • 1 Year Ago
          @krusshall
          +1 If I wasn\'t aware beforehand, the ignorance on the subject would be overwhelming. But then, I remember that this is AB. It\'s to be expected here.
        ChaosphereIX
        • 1 Year Ago
        @redgpgtp97
        too true. Sad sad end to an amazing and quirky car manufacturer. They are slowly going away and we will all be buying ToHonNissVWagons...and then be crying that they are all the same and uninsipiring. Saab needs to come back if only to give people something different to chose rather than the usual suspects. I will buy Saab until I cannot buy one anymore or I cannot find parts for the ones I have...
      Andrew
      • 1 Year Ago
      stupif idiots GM did ehat it had to do to protect its patents you wpild do the same thing don't be a tard
        • 1 Year Ago
        @Andrew
        [blocked]
        M5_4_life
        • 1 Year Ago
        @Andrew
        What are you saying?
      kingofpersia22
      • 1 Year Ago
      Big company vs little company. Saab was a good company, GM destroyed it, and has effectively avoided any responsibility. Good job GM!!!!! THAT'S how to run a business.
        • 1 Year Ago
        @kingofpersia22
        [blocked]
        wrestleprocbt
        • 1 Year Ago
        @kingofpersia22
        GM couldn't understand SAAB filled the car wants of a select group who loved the cars unique individuality. Instead GM wanted to mass market it, changing it's styling to it's look a like lineup it always has had. Mass produce it and make it look like everything else. Then when that plan wasn't working, suck any life out of it and dump it. Ashame, it was a cool car to own, still do own one. Guess Gov't Motors just assumes we will migrate to one of their other cookie cutter cars. Sorry GM, you have lost me as a customer. I have bought over a doz GM cars and most of them new. Not anymore. Guess though since you have the gov't writing you checks in the oval office and on your side you could care less about us.
      Ejvind Andersen
      • 1 Year Ago
      2 things. 1. GM didn't understand SAAB, which is why they failed to make a decent business out of them. (watch the top gear episode on SAAB to learn what went wrong) and it was to bad, because SAAB cared about safety, but GM didn't care to the same extend... 2. I miss SAAB.
      krusshall
      • 1 Year Ago
      Guess who won? The lawyers.
      Jerry
      • 1 Year Ago
      Why did GM give a rat's ass? They practically have open door CAD servers between GM Shanghai and the rest of the company. All of GM's Chinese "employees" are contractors with a startling turnover rate. It is no wonder that so many GM knock-off vehicles have shown up in China in recent years. The contract workers get in, get info, and leave with lots of valuable data for their domestic automakers. Also, what awesome cutting edge tech was Saab left with? The 2.0L turbo Ecotec, and ancient family of V6s, an ancient set of manual transmissions, vehicle platforms that are 5 to 10 years old?
        trottsmom
        • 1 Year Ago
        @Jerry
        To answer your question, (what awesome cutting edge tech was Saab left with): That would be Trionic engine management, which uses the spark plugs as ionization (ion current)/knock detectors. The technology allows the ECU to monitor, hundreds of times per second, the dynamic conditions of each combustion chamber, before, during and after ignition. Trionic regulates fueling, boost and ignition timing with unrivaled precision. Saabs with Trionic management can run 87 octane safely while still delivering high boost. Significant performance gains can be had when running higher octane fuel. Saab was one of the very few companies in the world to design their own engine management, and it so happens, they designed the best ever for forced induction engines.
      Britt Benston
      • 1 Year Ago
      Given GMs lobby/corporate influence and the government's stake in GM, how could we believe the decision is fair?
      Bernard
      • 1 Year Ago
      I though this Saab saga was over. How longs does it take to shoot a rabid yellow dog anyway?
      mbukukanyau
      • 1 Year Ago
      The first thing out of Spyker's mouth when they took control of saab was to speak **** about GM, forgetting that they were dependent of GM for their survival. If I was Spyker, I would have turned around and offered GM free stock in the company immidietely to make it worth their while to see that Saab survived.
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