Former Saab owners sue GM for $3 billion

Updated



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.

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