Bmw Mini Throttle Housing Assembly R55 R55n R56 R56n R57 R57n R58 R59 R60 189 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.

Hyundai WRC 2014: how do you build a fresh rally team?

By Ben Barry 07 February 2014 09:00 These are trying times for the new Hyundai WRC team. Both of its brand-new i20 WRC contenders were eliminated in the first stage of the 2014 season opener, the Monte Carlo rally. More teething troubles have followed in the second round of the World Rally Championship: Rally Sweden, which is taking place over the next three days.

Ford testing self-parking cars – with or without a driver (video)

Ford testing self-parking cars – with or without a driver It seems we’re heading to the point where cars can do more and more for the driver, and fully autonomous cars seem to be less than a decade away. On the way to the fully autonomous car, car makers will be offering stages on the way as the ability of cars to be self-controlling moves along, and Ford are heading in that direction with their new systems for parking and obstacle avoidance. Ford are running prototypes with Fully Assisted Parking, a system that manages to sense a space, control the steering, gearbox and brakes to park the car at the touch of a button, even if the driver isn’t actually in the car.