3 Articles
Report: Spyker last bidder GM considering for Saab... or is it?

To paraphrase the once great weekend update anchor Chevy Chase, "Generalissimo Saab is still dead" and appears likely to stay that way. Bloomberg reports that Spyker is the last bidder standing to pick up the Swedish brand from General Motors, although Genii Capital and partner Bernie Eccelstone apparently haven't given up yet.

Update: Bernie Ecclestone tied to late-breaking Genii Capital bid for Saab

Bernie Ecclestone, the long-time Formula One impresario, has confirmed to Bloomberg that he plans to make a play to buy Saab from General Motors. The pitch is evidently part of the bid by Genii Capital that we told you about earlier today. Genii's last-minute pitch may have been the reason why GM decided to postpone a schedu

Inventor may have $12 billion dollar claim against GM

Twelve years ago, Jack Evans (founder and namesake of Evans Cooling) went to court with the claim that General Motors stole his design for a reverse-flow cooling system, a setup that was later put into production in GM's LT1 series of small-block V8s - and a design that was protected by Evan's patents. Such a cooling system sends cold water from the radiator directly to the heads and then to the block,