BMW reportedly filed a lawsuit against Saab Automobile Parts AB alleging that the parts arm of the defunct car badge received items and did not pay for them.
The lawsuit, filed in a Swedish district court on August 19, claims that the two companies entered into an agreement in September 2010 in which the German carmaker would supply four-cylinder engines, engine components, and other parts to be installed in the Saab 9-3. BMW says it sought payment for the merchandise throughout 2011; but Saab, which declared bankruptcy in December after longtime financial woes, refused to pay.
The Saab 9-3 never made it into production; Saab Automobile Parts remains in operation. BMW is seeking $3.3 million, plus interest.
Lennart Stahl, Saab Automobile Part's CEO, told Fox Business News that his company had repeatedly repelled attempts by BMW to obtain money from it. "Saab Automobile Parts AB have not ordered or received any spare parts or components from BMW," he said. "Why would a spare part company order components for a car model that's not yet in production?"
This is not the first lawsuit that has put Saab in the news recently. Earlier this month, the Dutch car company Spyker filed a $3 billion lawsuit against General Motors.
That lawsuit also involves parts.
Spyker claims that GM, from which it bought Saab in 2010, sabotaged its attempts to save the Swedish car by blocking investment by Chinese companies. The Dutch company claims that GM did not want to see Saab compete against its own cars in the increasingly important Chinese market, and so it refused to honor an agreement to continue supplying parts and building the 9-4X SUV through 2014, a move that made the potential investors back out of the deal.
GM said that the suit was without merit.
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