"They abused their position to coerce us into bankruptcy. General Motor's actions had the direct and intended objective of driving Saab Automobile into bankruptcy, a result of General Motor's tortiously interfering with a transaction between Saab Automobile, Spyker and Chinese investor Youngman that would have permitted Saab Automobile to restructure and remain a solvent going concern," says Victor Muller, Spyker chief executive. General Motors calls the allegations "baseless", stressing: "We have reviewed the complaint, and it is completely without merit. We will vigorously defend the company." It should be added that in June the assets of bankrupt Saab were sold to a Chinese-Swedish investment group, National Electric Vehicle Sweden, which aims to turn the company into a maker of electric vehicles. But the new owner has not yet secured the rights to the Saab brand name, so Spyker Cars has all the right to sue on behalf of Saab. Ref: 105.105.105.1932