世爵

Saab owners seek $3bn payout from GM

The owners of bankrupt carmaker Saab are suing General Motors for $3bn, claiming the US company blocked a sales and production deal in China that would have kept the Swedish brand afloat.

Netherlands-based group Spyker filed suit against GM in the United States District Court in Detroit on Monday, seeking compensation for “unlawful actions GM took to avoid competition with Saab Automobile on the Chinese market”.

The legal action marks the latest in a long series of mishaps around the failed Swedish car brand, which GM sold to Spyker in 2010 and which was declared bankrupt in December of last year.

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