2003 Saab 9-5 2.3 Turbo 4 Cylinder Super Clean Runs/drives Excellent No Reserve on 2040-cars

Auto blog

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.

Dealership refunds student for broken Saab with bags of pennies

Every so often, we come across the story of someone trying to "stick it to the man" by paying a parking fine or speeding ticket in pennies or dimes. Never, though, have we heard of a business stooping to such cliched lengths. Enter Florida. Irena Mujakovic bought a 2003 Saab way back in January from Holiday Motors, in Jacksonville, FL. Shortly after the purchase, the transmission started acting up. She returned to the dealer and paid for the repair, and purchased a warranty for future issues. Total cost: $300. But then the trans crapped out not long after the initial repair, and Mujakovic was back at Holiday Motors. This is where things start going south. This second trip cost Mujakovic $400, with her warranty in hand. That's because the man that runs the dealer, Ed Di Miranda, neglected to mention that the warranty didn't cover labor costs. "The warranty did not cover labor and I failed to write that in and that was her loophole," Di Miranda told First Coast News. The young college student filed a complaint with the Florida DMV, who sided with her and ordered Holiday Motors to refund the money. Di Miranda and the dealership did just that, but when Mujakovic came to collect her refund, it was to a bag of pennies, with a few dollar bills sprinkled in for good measure. Di Miranda, doesn't seem to think he's done anything wrong, claiming that only about $85 was in change, while the rest was paper money. "I am doing what DMV asked me to do," Di Miranda said. "It is legal tender." Mujakovic has not collected her refund. Have a look below for the video news report. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: First Coast News via Jalopnik Car Buying Government/Legal Car Buying Saab

Ultra-rare 2011 Saab 9-4X up for grabs on Cars & Bids

Saab's sad saga is full of might-have-beens and missed opportunities. As the 21st century dawned, it became clear that the Saab brand could not survive without an SUV in its lineup. In 2005, the 9-2X, a badge-engineered Subaru Impreza Outback Sport, was rushed into production (GM being a part-owner of Subaru parent company Fuji Heavy Industries at the time). That same year same GM also put a new nose on the distinctly mediocre Chevrolet TrailBlazer and peddle that as the Saab 9-7X. The last of the GM-based Saab SUVs was the 9-4X, which was mechanically twinned with the second-generation Cadillac SRX and built alongside it in Mexico. By the time the model was introduced for 2011, GM had already off-loaded Saab. But the new ownership would be short-lived, and production of the 9-4X ended after only a handful of 2012 models had rolled down the line. It's believed that a total of only 803 9-4Xs were built, of which 622 were sold in the United States, which explains why you haven't seen one lately. Or, perhaps, ever. But now you can buy one, as this 2011 example is available right now on Cars & Bids. This is a top-spec Aero version, which means it gets a turbocharged 2.8-liter V6 and the Saab-developed X-drive all-wheel drive, rather than the naturally aspirated 3.0-liter V6 in the base and Premium trims. That gives you 300 horsepower and 265 lb-ft of torque, although this one sports a VTuner Stage 0 tune, so it could have more. With five days still to go, bidding stands at $8,500. For the Saab fans out there, don't let this be another missed opportunity. Related Video: Saab 9-4X concept introduced at Detroit Auto Show