1995 Saab 9-3 Convertible on 2040-cars

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Spyker files $3 billion lawsuit against General Motors over Saab's demise

"Smack." That's the sound of Spyker's process server dropping a big ol' pile of legal documents on the doorstep of The Renaissance Center, home of General Motors - or wherever GM's attorneys live during business hours. Contained therein is a Complaint, filed in the U.S. District Court for the Eastern District of Michigan and demanding a jury trial, that seeks $3 billion in damages due to "the unlawful actions GM took to avoid competition with Saab Automobile in the Chinese market." Spyker accuses GM of "tortiously interfering" with Saab's business relationship with Chinese automaker Zhejiang Youngman Lotus Automobile (Youngman), actions that Spyker CEO Victor Muller (above) said "deliberately drove Saab Automobile into bankruptcy."
(From Wikipedia: "Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when a person intentionally damages the plaintiff's contractual or other business relationships.")
The interference in question specifically refers to the very last potential deal, called the Framework Agreement, that Spyker worked out with Youngman. With lots of GM engineering embedded into the 9-4X and 9-5, The General had the right to approve any Saab partnership that would involve the transfer of GM intellectual property. Spyker had been rebuffed over every previous deal with a Chinese firm, including two bids by Youngman, due to GM concerns over its IP getting into Chinese hands and having to face Chinese-market competitors using its technology. The Complaint alleges that the Framework Agreement would have put a firewall around all GM IP - Youngman would only work on Saab's Phoenix platform, said to be just about free of GM tech, and would have no access to 9-3, 9-4X or 9-5 technology until after Saab ceased all ties to GM.

One-off 1997 Saab 900 EX prototype headed to auction

An obscure and fascinating part of Saab's history is looking for a new home. The one-off 1997 900 EX was built in Norway to celebrate the company's 50th birthday, and while it was not approved for production it shows what a sporty, 900-derived coupe could have looked like. British auction house Bonhams explains that Per Ekstrom, an auto body expert and enthusiast according to The Drive, worked closely with Saab and Norwegian road authorities to create the 900 EX. His goal wasn't merely to create an eye-catching coupe that's pretty to look at but impossible to drive; he wanted the model to be street-legal and drive like a regular-production car. The auction description notes that the 900 EX was built by experienced professionals with Saab's blessing and that the process required between 3,000 and 4,000 hours of work. The end result is stunning. While the headlights and the grille create a strong visual link between the EX and the second-generation 900, which enthusiasts often refer to as the GM900, the roof line has been lowered by nearly three inches and the body has been considerably widened thanks in part to 9000 CS-sourced front and rear wheel arches. We're told that the rear window comes from a 900 Cabriolet's soft top and that the hatch is a modified panel sourced from a standard 900, though pictures of the back end haven't been released as of writing. Bonhams describes the build quality as "exceptional" and says that the panel gaps are better than those seen on many modern cars. It adds that the red and gray paint (which is a tribute to the combination often seen on the 900 SPG) is original and "in close to perfect condition."  The interior is largely standard 900 fare. There's wood trim, leather upholstery, a three-spoke steering wheel, and the big knobs and buttons that characterized Saab models for decades. The brand designed the switchgear so that it could be easily operated by someone wearing gloves. The odometer displays about 141,600 kilometers, which represents approximately 88,000 miles, though Bonhams pegs the engine's mileage at around 154,000 kilometers (roughly 95,600 miles). Most of the miles were reportedly added before engine ended up in the EX. Speaking of the engine, power comes from a 2.3-liter turbocharged four-cylinder sourced from Saab's regular-production parts bin and tuned to send 220 horsepower to the front wheels. It's bolted to a five-speed manual transmission.

Spyker and Youngman sign deal, plan to build D8 SUV and Phoenix-based range

It appears Spyker is strengthen its ties and carmaking ability with Chinese carmaker Youngman. This comes in the wake of the brand's latest dealings with a $3 billion lawsuit against General Motors regarding the demise of Saab.
Youngman is reportedly investing €10,000,000 ($12.5M USD) for a 29.9-percent stake in the company. The shares are being sold for €0.05 (6.3 cents) each, representing a fully diluted share. Youngman has said it will not take on more than the 29.9-percent stake.
Additionally, Youngman will invest €25,000,000 ($31M) for the development of an all-new Spyker vehicle, called the D8 P2P, named for the Peking-to-Paris rally. The vehicle had been shown as a concept by Spyker previously, but things had been quiet since then. It appears Spyker will now build the uniquely styled D8 Concept shown above. The vehicle is to launch at the end of 2014 and carry a price of $250,000 per vehicle.