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.

Enzo Ferrari biopic back on track

Fans of Enzo Ferrari and the company he founded could finally get the film they have wanted: A film company is getting closer to putting the long-delayed biopic into production, Variety reports. LA-based Cecchi Gori Pictures is said to be in talks with a well-known American director to helm the film, based on a script by Troy Kennedy Martin and David Rayfield. The script and the film project have been in gestation for years, but the project had been plagued by delays.

Ford Focus ST is dead – bring on the 2011 Ford Focus ST

The Ford Focus ST Yes, Ford’s Championship League hot Focus – the Ford Focus ST - falls foul of Euro 5 emissions which come in to force in January, so it joins cars like the Civic Type R and the Mazda RX-8 in being confined to the history book of motoring with its 5-pot 2.5 litre lump – which also did sterling service in the Focus RS and the Focus RS500 - failing to keep up with the regulator’s pen. Bur fear not, although you’ll have to wait probably until 2012 (or at least late in to 2011) to get a look at the 2012 Focus RS, the 2011 Ford Focus ST will be here even before the last rites have been read for the current ST; the new 2011 Focus ST bows in at Paris in just over a month’s time. By all accounts the 2011 Focus ST is going to come equipped with performance comparable to the current RS rather than the current ST.