A U.S. federal judge has dismissed Spyker's $3 (€2.2 / £1.9) billion lawsuit against General Motors for interfering with Saab's affairs.

A U.S. federal judge has dismissed Spyker's $3 (€2.2 / £1.9) billion lawsuit against General Motors for interfering with Saab's affairs.

Spyker had accused GM of taking "unlawful actions" to avoid competing with Saab in the Chinese market. The company alleged these actions - most notably interfering with a transaction between Saab, Spyker and Youngman - directly contributed to "driving Saab Automobile into bankruptcy."

However, U.S. District Court Judge Gershwin Drain determined "General Motors had a contractual right to approve or disapprove the proposed transaction." The judge added that Spyker's deal with General Motors gave the latter company "clear, unambiguous and absolute" power to stop a change in Saab's ownership. As a result, Judge Drain granted GM's motion to have the case dismissed.

GM spokesman Dave Roman told Reuters the company was pleased with the decision, while Spyker CEO Victor Muller said "We will be awaiting the written order and then we will assess."

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Judge dismisses Spyker lawsuit against GM