Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series 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.

Mercedes Benz Eyecatchers +video

What first catches your eye? If we asked you what it is that you look at first when you look at a woman (I know, sexist – but it is part of the story) you’d probably tell us it’s the rounded bits and then the face. Consciously, that’s what we think and that’s what we’d say if we’re being honest.

Hyundai ix20

Hyundai has revealed the first images of its new ix20, a new B-segment MPV that will join the Korean automaker's product range in Europe later this year. Following on from the ix35, the ix20 is the second European car to adopt Hyundai's new 'fluidic sculpture' design language.  The new car, which will make its official debut at the Paris motor show, has been designed and developed at Hyundai's European R&D center in Rüsselsheim, Germany, under the direction of Thomas Buerkle. The car's name is said to reflect the new model's crossover-like versatility, which combines functionality with sportier driving dynamics.  Hyundai claims the ix20 aims to steer away from the boxy minivan image typically associated with the segment and appeal to buyers with young families.