THE SAD saga of Saab is, oddly, continuing.
In spite of the brand now potentially being applied to a future range of electric cars, former Saab owner Spyker Cars, which bought the Swedish company from General Motors, is now suing GM for more than €2 billion because, it alleges, GM blocked what would have been the sale of Saab as a going concern to Chinese buyers.
Spykers lawsuit alleges that GM stopped the sale because it didnt want a Chinese-backed Saab entering the lucrative east-Asian markets as a future competitor to GM’s own models.