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Spyker to appeal dismissal of Saab lawsuit against GM

It seems as if Spyker CEO Victor Muller has made a decision on whether or not to pursue a legal battle between his company and General Motors. Spyker has announced it will appeal a US District Court decision to throw out the company's lawsuit against GM. As you may recall, on June 10 Judge Gershwin Drain ruled tht GM had a right to approve or disapprove Spyker's sale of Saab to Zhejiang Youngman Lotus Automobile. Spyker sued GM for some $3 billion, claiming that the American automaker had forced Saab into bankruptcy by stopping Spyker from transferring intellectual property to its Chinese partner.
Spyker has said only that it plans to appeal the decision. Until now, the company has been silent about the ruling. GM, meanwhile, has said it is pleased with the original outcome. You can read the quick Spyker press release below for more information.

Junkyard Gem: 2004 Saab 9-5 Arc Wagon

As I work on my project of documenting automotive history via the machinery I find in car graveyards around the country, blank spots in the junkyard record keep showing themselves. I've remedied the lack of discarded BMW 3- and 5-Series cars in recent months, through the E46 and E39 respectively, and now I'm trying to move past the 900 in the Saab timeline. We've got the 9000 covered, and now it's the turn of the 9-3 and 9-5. Here's an '04 9-5 Arc Wagon, found in a Denver yard recently (I shot a 9-3 on the same trip and you'll see it in the near future). General Motors took over Saab in 2000, after more than a decade of 50% ownership, and so the 9-5 (or 95 if you prefer) had plenty of Opel/Holden/Vauxhall DNA in its cells. Its closest American-market relative (other than the 9-3) was the Saturn L-Series. However, you couldn't get a Saturn with a proper Saab engine under the hood, and by "proper" we mean one descended from the original Triumph Slant-4. This 2.3T turbocharged version sent 220 horsepower to the front wheels, making this a nicely quick wagon. It appears that this car endured some lean times as it approached the end of its road, with the kind of leaky-side-glass repair you do only when you know you're a car's final owner. You could get the 9-5 Wagon as the Linear, Arc, or Aero models in 2004. The Aero was the factory-hot-rod version, while the Arc was more about luxury. The leather seats in this Arc still look pretty good. Even though this car's ancestry is more German than Swedish, it has the traditional Saab console-mounted ignition switch. When it came time for The General to sell Subaru Imprezas with Saab badging, however, the ignition switches stayed in the non-Saab locations. At least the Saab-badged Chevy Trailblazer had the switch in the Trollhatten-approved location. It doesn't look as quirky as the early Saabs, which were born from Flying Barrels, but it stood up well against the competing cars offered to America's ever-shrinking pool of station wagon shoppers. Built in Sweden by Swedes! Would this have happened with an Audi wagon?   Featured Gallery Junked 2004 Saab 9-5 Arc Wagon View 26 Photos Auto News Saab Automotive History Wagon Junkyard Gems

NEVS to build new Saab models in China's Qingdao

National Electric Vehicle Sweden has officially signed a deal with Qingdao Qingbo Investment Company that will see the NEVS build EVs in Qingdao, China. The move is the first step on the road toward eventually selling vehicles in China. Reuters reports that the Chinese company has agreed to invest $307.33 million, after which point Qingdao Qingbo will receive 22 percent of the NEVS shares. Currently, there's no word on exactly when the funds and shares will change hands, but the Swedish automaker has previously said it fully intends to launch its first EV by early 2014.
NEVS has also made waves about potentially building a version of the old Saab 9-3 with a traditional internal combustion driveline. Currently, the manufacturer says it plans to ship the vehicles it builds in Sweden to the Qingdao port and distribute them to the rest of China from there. Later down the line, a manufacturing facility in Qingdao will supply the country with Chinese-built Saab models.