2008 Cobalt Ss Turbo Oem Radio Nickle Silver Lnf on 2040-parts.com

VW debuts Twin Up! Concept at Tokyo Motor Show

Volkswagen introduced the newest member of the XL1 family at the Tokyo Motor Show, the Twin Up! Essentially the plug-in hybrid version of the Up!, this four-seater concept car shares some of its drive system with the Volkswagen XL1 including its dual-clutch automatic transmission, diesel engine and electric motor. The Twin Up!

Concept Car of the Week: Bugatti 18/3 Chiron (1999)

In 1998, Volkswagen AG acquired the French company Bugatti with the intention of restoring it to its former glory. After the luxurious EB112 and EB118 concepts, Ferdinand Piech commissioned Italdesign to work on another prototype: a Bugatti flagship supercar – the Chiron. While its predecessor, the mighty EB110, was a fantastic and bold design, it lacked a real Bugatti character.

Saab unable to pay wages as financing crisis deepens

Saab'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.