41-46 Studebaker Door And Window Trim/chrome on 2040-parts.com

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

London underpass to hold flood water

A PEDESTRIAN UNDERPASS is to be turned into an emergency pond to hold hundreds of thousands of litres of floodwater threatening homes and businesses in south London. The Purley Cross underpass will be used to hold water pumped from around 400 under-threat buildings in parts of Kenley and Purley and to stop a water treatment works which supplies tens of thousands of homes from flooding, Croydon Council said. The authority said the plan to use the underground footway to hold around 600,000 litres of water from tonight was approved after its "primary" pond at Purley Depot overflowed last night.

Czech Car Maker Offers A Vision Of Its Future

SKODA has long since cast off its budget car image, but just in case you remain on the fence regarding the Czech firm’s premium market aspirations, it’s revealed a smart new concept car ahead of the Geneva Motor Show, called the VisionC. The five-door ‘coupe’ is said to be positioned in-between existing Octavia and Superb models, and has clearly been influenced by cars such as Audi’s A7 – another large, premium coupe-like model. As Skoda continues to grab a larger share of the market it’s also keen to steal buyers from existing firms selling ‘affordable premium’ models.