Spyker Files $3 Billion Lawsuit Against GM Over Saab Bankruptcy Case

Dutch automaker Spyker N.V has filed a lawsuit against General Motors for over $3 billion (€2.4 billion) in the U.S. District Court for the Eastern District of Michigan. Spyker is accusing GM for tampering with the Saab bankruptcy case.

This rather unprecedented news coming after Spyker says GM was "tortiously interfering with a transaction" that would have allowed Chinese investors Youngman Lotus Automobile Group to take hold of the Saab brand.

Read more »