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Spyker's $3B lawsuit against GM for blocking Saab sale thrown out

US District Judge Gershwin Drain has dismissed a $3-billion lawsuit Spyker filed against General Motors. In the suit, Spyker accused GM of attempting to bankrupt Saab after the US automaker had already sold the company to Spyker. GM in effect blocked the sale of Saab to China's Zhejiang Youngman Lotus Automobile Company by prohibiting the transfer of some of its intellectual property. But the court found that GM had a "contractual right" to approve or disapprove any change of ownership. Furthermore, Reuters reports Judge Drain said the contract between GM and Spyker "is clear, unambiguous and absolute" on the matter.
GM, meanwhile, says it is pleased with the ruling. Spyker CEO Victor Muller has not said whether or not his company will appeal the ruling. The Dutch automaker is expected to make a final decision once the court issues its written order on the case.
You can read the official Spyker press release about the court ruling below for more information.

Junkyard Gem: 1987 Saab 900 4-Door Sedan

Saab sold the original 900 in the United States from the 1979 through 1993 model years (followed by another few years of Opel Vectra-based 900s), and most of the 900s you'll find today are the higher-end models with 16-valve engines and/or turbochargers. Last year in this series, we saw a 900 Turbo and a 900 Turbo Convertible in Colorado car graveyards, and now it's time to take a look at a used-up Colorado 900 with the base 8-valve engine and few extras. The cheapest new 1987 Saab available here was the base three-door hatchback with 5-speed manual transmission, which had an MSRP of $14,395 (about $39,497 in 2023 dollars). If you wanted a new 900 with four doors that year, the price of admission started at $14,805 ($40,622 after inflation). That's the car we've got here. The engine is a 2.0-liter SOHC slant-four, the direct descendant of the engine originally developed in partnership with Triumph for use in the Saab 99 and Triumph Dolomite. The Triumph TR7 used members of this engine family as well. This engine was rated at 110 horsepower and 118 pound-feet. The naturally-aspirated 16-valve version in the '87 900S made 125 horses, while the 900 Turbo had 160 horsepower. The automatic transmission cost an extra $430 (about $1,180 now); most 900 buyers chose the five-on-the-floor manual. In fact, I have never documented a junked 1979-1993 Saab 900 with an automatic. This one came close to the 175,000-mile mark during its life. The paint is somewhat faded, but the interior looks good for a car this age. Its owner or owners took good care of it. The body has a few dents but no rust worth mentioning. If it had been a 900S or a 900 Turbo, it would have had a better chance of avoiding this fate. Saab's innovative technology for 1987 starts at around $15,000 and goes up to the $20,000,000 Viggen (the fighter plane, not the later hot-rod 9-3 that borrowed the Viggen name).

Saab 900 SPG is the latest Petrolicious love story

The latest video from the crew at Petrolicious covers one funky Swede - a 1989 Saab 900 SPG. Produced from 1978 to 1998, the 900 enjoyed a long history, and thanks to its iconic look, it's quickly becoming a modern classic for the off-kilter car enthusiast. The SPG, short for Special Performance Group, makes this a particularly rare find, with owner Jordan Melville saying, "I didn't even realize what I had at the time."
Melville gives a rundown of his life with the 900 and his passion for Saab overall, even reflecting on that dark day that saw the Swedish brand closed its doors. As always, the videography is excellent and the story is intriguing in this latest video from Petrolicious. You can view the entire video down below.