2009 Harley Davidson Fxstsse3 Parts Catalog Cvo Softail Springer 99458-09a on 2040-parts.com

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.

Passengers are the biggest distraction

THE BIGGEST DISTRACTION for drivers is other people in the car. Adult passengers are the most distracting, with 18% of drivers saying they have had a near miss or crashed because of their attention being drawn away by someone else in the car. A survey by the AA found adjusting the radio was the second biggest distraction, with 16% of drivers admitting they had narrowly avoided a collision or been in a crash while fiddling with the radio.

Bentley Continental GT V8 S (& GTC V8 S) revealed

The Bentley Continental GT V8 S (pictured) has been revealed The Bentley Continental GT V8 has only been around for eighteen months, but it has garnered accolades in that time as a more focused Continental GT, despite its loss of power (and cylinders) compared to the original W12 engine. But now Bentley are capitalising on the V8′s favourable feedback with a more powerful version – the Bentley Continental GT V8 S – to add an even more sporty note to the GT’s offerings. The V8 S still keeps the twin-turbo V8 it shares with Audi, but it now gets a boost in power to deliver 521bhp and 502lb/ft of torque.