Front Outer Tie Rod End For Left Driver Side - High Quality 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.

Mazda wins 2008 LA Design Challenge

The Mazda Kaan concept has won the fifth annual LA Design Challenge competition, part of the Design Los Angeles automobile designer's conference. The award was presented during the second press day of the 2008 Los Angeles Auto Show, following a designers' luncheon and keynote speech by Daniel Simon, visionary futurist and author of Cosmic Motors. As we reported last month, nine local Southern California design studios entered the competition to envisage how motor sport vehicles might be in the year 2025, answering the theme ‘Motorsports 2025'.

Renault Clio Gordini 200 – UK Price & detail

The Renault Clio Gordini 200 Renault are moving on with their Gordini offerings, this time the Clio with the announcement that the Renaulsport Clio 200 gets the Gordini treatment – Blue with white stripes – and a near £2,000 price premium. Apart from the requisite paint job Renault has added gloss black to parts of the bumpers, shoved a set of white mirrors on and added some bespoke, 17″ alloys. But in fact you don’t ahve to stick to the Gordini Blue colour scheme – you can opt for Black or White instead.