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.

Morgan Eva GT: Teaser sketch before launch at Pebble

The Morgan Eva GT Sketch - will debut at Pebble next week Back in June we reported that Morgan are planning a new car – the Morgan Eva GT – which is destined to be a limited edition, four seat coupe. And that it was due to launch at the Pebble Beach Concours d’Elegance later this year. Well, it’s now ‘later this year’ and Pebble is almost upon us, Morgan has decided a further little tease to whet our appetites is called for before the real deal arrives next week.

New 2015 Volvo XC90 – first exterior photo

The new Volvo XC90 (pictured) arrives in 2 weeks The reveal of the new 2015 Volvo XC90 is only two weeks away – although probably overdue by many years – and Volvo continue to pique our interest with more information on the new XC90. Top of Volvo’s information list this time is their new Scalable Product Architecture (SPA) which underpins the new mXC90, but in the process they have revealed the first exterior photo of the new XC90 (although the exterior has already been revealed), although it is only a front-end detail photo. What it does show is the XC90′s new headlights – complete with running lights Volvo has dubbed ‘Thor’s Hammer – which look similar to those found on a number of Volvo’s recent concepts, a much bigger grill than we’re used to seeing on a Volvo and a sculptured bonnet.