Four-1993-2002 Volkswagon Jetta Golf Passat Vw 2.0 L & 2.8l Bosch Fuel Injectors 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.

Hennessey readies 2014 Chevy Corvette Stingray package with 1,000 hp

The 2014 Corvette Stingray made its world debut at the Detroit auto show less than two months ago, but Texas tuner John Hennessey is already working on upgrades. Hennessey Performance plans to offer upgrades for both the C7 coupe and the C7 convertible. Supercharged systems will bring output to 700 hp and higher-priced twin-turbo setups push power to anywhere from 800 hp-1,000 hp.

Refreshed Nissan Juke to bow at Geneva motor show

The Nissan Juke is more lovable than it ought to be. For a ute/hatchback, its rear cargo room is negligible. The more fanciful bits of the interior aren't made of the greatest stuff on Earth.