Vintage Jabsco Ray Line Marine 7" Search Light 12v For Parts Or Repair on 2040-parts.com
Norridgewock, Maine, United States
Brand:Jabsco Marine
Electrical & Lighting for Sale
Saab unable to pay wages as financing crisis deepensFri, 24 Jun 2011Saab's money troubles have worsened to the point that the struggling car maker is unable to pay its employees' wages on the eve of the Swedish mid-summer vacation period.In a brief official statement last night, Saab's parent company Swedish Automobile N.V (formerly Spyker Cars) announced that it was 'will be unable to pay the wages to employees as it has not yet obtained the necessary short-term funding.' While Swedish Automobile and Saab continue to pursue options for securing short-term financing to solve the cashflow crisis, the company admitted 'there can however be no assurance that these discussions will be successful or that the necessary funding will be obtained.' Saab share prices tumble, Swedish government will not intervene Reaction to the worsening financial crisis from stakeholders has been predictably bleak. Swedish Automobile's shares dropped 61% in value yesterday, and are currently trading at 0.948 euro. The Swedish government, already guaranteeing a €400m loan to Saab by the European Investment Bank, shows no inclination to bail-out Saab, which employs 3800 staff. Chrysler performance guru Dan Knott dies at 51Mon, 30 Apr 2012Chrysler senior vice president Dan Knott emerged as an unquestioned powerbroker in the industry, deftly navigating the flying circus that can be automaker-supplier relations. But enthusiasts of all stripes owe Knott a debt of gratitude, as he was a performance guy long before he became a well-known industry executive. Knott, 51, died April 29 after a battle with cancer. Ford touts electric range, speed of plug-in C-Max Energi hybridTue, 07 Aug 2012Ford's C-Max Energi plug-in hybrid wagon will be able to hit 85 mph on battery power alone, the automaker said Tuesday. The C-Max Energi can also travel 20 miles on electric power. The driver can put the powertrain into one of three modes, via a button on the center stack: -- EV Now, which runs the vehicle on the lithium-ion battery pack until it is depleted. 2040Parts.com © 2012-2024. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the 2040Parts User Agreement and Privacy Policy. 0.101 s, 11216 u |