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GM denies Spyker claims in $3B Saab lawsuit

Reuters reports General Motors has dismissed claims by Spyker outlined in a $3 billion lawsuit. Spyker alleged GM deliberately bankrupted Saab by preventing a deal with Chinese investor Zhejiang Youngman Lotus. GM, meanwhile, filed a response with the U.S. District Court for the Eastern District of Michigan saying that as the former owner of Saab, GM had the legal right to approve the deal with Youngman. But Spyker's lawsuit claimed GM's refusal to approve the deal with Youngman stemmed from the fact that the American automaker didn't want to create a competitor in China.
GM has said the issue stemmed more from the fact that it would stop licensing its technology to Saab or stop building vehicles for the manufacturer in the event it was bought by Youngman. Since Saab built its own platform that didn't use any GM tech, Spyker says that argument is meritless.
The lawsuit has Spyker seeking $3 billion in compensatory damages, though that number could swell with interest, punitive damages and legal fees, as well. Victor Muller, Spyker chief executive, has said the lawsuit is being funded by an anonymous third party. That party will share in any settlement. Youngman has refused to comment on whether or not it's footing the legal bill.

Saab 9-3 production to start in China in 2013 [UPDATE]

We knew that National Electric Vehicle Sweden planned to restart production of the last-gen Saab 9-3 at some point in the future, we just didn't know exactly when, or exactly where. As it turns out, the answers to those questions are soon, and China.
Though NEVS had initially said it will build vehicles in Sweden before shipping them to China, the latest report from Autocar suggests that the cars will instead be built right in Quingdao starting later in 2013. That's right, this calendar year. Also on the docket is a followup electric version of the 9-3, which is slated to come to market in 2014 in an effort to satiate China's wish that there be half a million EVs silently filling its streets within the next two years.
NEVS wants to be part of the EV solution, but it's not going to be easy. Naturally, if these cars are to be built in China, a factory has to be located or built, tooling needs to be in place, workers need to be hired and trained and a lengthy trail of paperwork has to be signed off by the government before even the well-known gasoline-powered 9-3 can be a reality, let along the unknown quantity that is the 9-3 ePower.

This virtually new, very last Saab 9-3 could be yours

The date is October 7, 2019, and it is currently possible to buy a virtually new 2014 Saab 9-3 Aero Turbo4. Spiking the car's rarity is the fact that this specific vehicle is said to be the last Saab to roll off the production line in Trollhattan, Sweden. Driven only 41 miles, chassis No. YTNFD4AZXE1100257 is a true piece of Swedish automotive history, and it's set for auction this month. We first got word of this car back in June 2019, and the time has finally come for this Saab to be sold. As previously reported, this vehicle is from the National Electric Vehicle Sweden (NEVS) era. The seller, Bilweb Auctions, says it is the last Saab to come off the manufacturing line, and it was reportedly set aside for crash testing. The testing never occurred, and the sedan, one of only 420 built, survived. The seller says the mileage comes from running the car on the test track next to the old plant for photography and videography purposes.  This 9-3 Aero uses a Ecotec 2.0-liter turbocharged four-cylinder with 217 horsepower and 258 pound-feet of torque. It has immaculate Diamond Silver paint and matching silver turbine wheels. Inside, there is a two-tone interior with cream leather seats, a black dashboard, and black accents. According to Autocar, the proceeds of the auction will go to NEVS' Sustainable Mobility Scholarship at University West in Sweden. Bidding on the car opens soon, and interested parties can sign up to be alerted when the auction starts.   Auto News Auctions Saab Sedan