Deutsch Dt 12 Pin Connector Kit 20-16 Ga. on 2040-parts.com
Grover Beach, California, United States
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Saab unable to pay wages as financing crisis deepens
Fri, 24 Jun 2011Saab'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.
College Exhibition: Pforzheim University Summer Degree Show 2006
Fri, 22 Sep 2006Transportation Design students at Germany's Pforzheim University displayed their work in the school's summer degree show held in July, one of two graduation shows per year. The show was held in conjunction with the International Transportation Design Forum 2006, alongside work from six other international design schools. The exhibition included work from graduating Diploma and Masters students, exterior and interior projects by the 5th and 7th semester students, as well as work from students in the earlier stages of the Diploma and Masters courses.
Porsche 918 Spyder here in 2013, says new CEO
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