Dutch automaker Spyker sued for General Motors, accusing an American corporation of deliberate bankruptcy Saab. The Dutch are demanding $3 billion from the American corporation.
The story began in 2010, when GM and Spyker entered into an agreement to acquire the latter's unprofitable Saab car division. The Dutch wanted to revive the once legendary brand, but things didn’t work out for them either, after which it was decided to resell the division to Chinese automakers. Fearing that handing over Saab to the Chinese might mean the latter would get the latest technology, GM stopped supplying components to Saab, causing the latter to go bankrupt.
Now Spyker accuses GM of unfair competition and deliberately bringing Saab to bankruptcy.