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.

Bentley designers create one-off pieces to benefit The Prince's Trust

Bentley Motors graduates are to stage an auction of handcrafted collector's items in a fundraising event for The Prince's Trust. Workers from the Tooling, Woodshop and Styling teams at the manufacturer have crafted around 20 different stylish and high-end products to auction off online in aid of the UK youth charity, which is headed by the Prince of Wales and provides practical and financial support to 14 to 30-year-olds. Display items include a chess set with pieces tooled from aluminum set on a classy veneered board and a table crafted from a polished V8 engine from the Bentley Mulsanne and a cutlery set commissioned by Robert Welch, engraved with the Bentley emblem.

Driven: Delta Motorsport E-4

The Delta Motorsport E-4 is the outcome of three years of research, design and development that is key to a new generation of British ingenuity. Fifteen years ago, if asked to think about the low-volume sector of the British motor industry, the Rover V8 and tubular steel space frames would immediately have come to mind, along with a sizeable dose of fiberglass. Today a new wave of companies are exploring new and ingenious manufacturing, design and technologies.