6.3 " Universal Car Cold Air Filter Cleaner Intake Kit High Flow Replacement B12 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.

New Ford Focus (2011 / 2012) at Detroit

The 2011 / 2012 Ford Focus - starts out as a saloon or hatchback The new Ford Focus – possibly the most important car in Ford’s history – debuts today at the Detroit Motor Show. Which is in itself an indication that the 2011 / 2012 Ford Focus will be the beacon for Ford’s ‘One Ford’ policy of producing basically the same cars for markets throughout the world. Scheduled to start production at the end of 2010 – and start hitting customer’s driveways in early 2011 – the new Ford Focus is just one of ten variations on the Global C Platform which Ford will launch in the next few years.

Mercedes-Benz A-class patent renderings leaked

Mercedes-Benz unveiled a three-door concept version of its 2012 A-class at the New York and Shanghai auto shows in April, and images of a possible production model leaked this week via the European Patent Office. The renderings show a five-door hatchback version of the A-class concept with less aggressive styling. Its world premiere is said to be scheduled for the Frankfurt motor show in September.