Spyker sues GM over failed Saab takeover
(AP) Spyker Cars NV, the tiny Dutch company that bought Swedish carmaker Saab from General Motors Co. for $74 million in 2010, said Monday it is suing GM for $3 billion in damages.
(AP) Spyker Cars NV, the tiny Dutch company that bought Swedish carmaker Saab from General Motors Co. for $74 million in 2010, said Monday it is suing GM for $3 billion in damages.
Business
Aug 6, 2012
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France on Monday opened a judicial enquiry into allegations carmaking giant PSA cheated on diesel pollution tests in the latest twist in a huge emissions scandal which hit the industry in 2015.
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Germany prosecutors have fined automaker BMW 8.5 million euros ($9.66 million) for lax oversight in installing defective engine software that led to excessive diesel emissions in 7,965 cars.
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Indian business icon Ratan Tata has urged stronger trade ties with Australia, particularly in technology, saying there are major growth opportunities for both countries.
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