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.

Ken Block Goodwood Hooning 2011 +video

Ken Block entertains the crowds at Goodwood 2011 We thought we’d covered all that the Goodwood Festival of Speed 2011 had to offer. But we were wrong. We’d forgotten Ken Block.

Watch the Weather Channel Tornado Hunt SUV find its target

A chase crew from the Weather Channel drove its GM SUVs directly into the path of an oncoming violent tornado Friday, resulting in this dramatic video from inside what appears to be a Chevrolet Suburban being tossed across the Oklahoma plains like a child's toy. Meteorologist Mike Bettes and his colleagues escaped relatively unharmed thanks at least in part to seatbelts and airbags, but the team will need to visit their local Chevy dealer for some minor repairs prior to heading out on another chase.