Antique Fuel Filter Carter Nos Zai 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.

Toyota Prius Generation “X” Revealed UPDATE: ‘Prius 10th Anniversary’

The Toyota Prius Generation X - available in Black or White Update: We had an email from Toyota this morning asking us to correct this article. Apparently, despite titling the press release they sent us ‘Toyota Prius Generation “X”‘, it seems that’s not what this limited edition Prius is called. It is in fact the ‘Prius 10th Anniversary’, a catchy little moniker that at least does what it says on the tin.

Geneva Motor Show 2007 Trends and Overview

Geneva is always one of the best shows to visit - it's easy to get to from the airport or city centre, it's more compact than the other major auto shows, it's well attended by car designers and there are a lot of new designs to enjoy. This year there were at least 14 significant new production debuts, a similar number of concept cars and, for a change, the weather was more spring like than winter... The core reaction from the designers we spoke to at the show was that there were no really very exceptional new cars at the show - the Hyundai HED-4 Qarmaq concept, Mazda Hakaze concept and Maserati GranTurismo being the possible exceptions.