Gates 42309 Water Pump-water Pump (standard) on 2040-parts.com

Toyota unveils FT-1 concept at 2014 Detroit Motor Show

There’s nothing quite like a surprise unveiling at a motor show, and the Toyota FT-1 just uncovered at Detroit is exactly that. It’s Toyota’s Calty design studio’s attempt at creating the ultimate sports car. And it looks fantastic.

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.

Nissan Juke Nismo debuts

The Nissan Juke Nismo will debut this weekend at Le Mans 24 Hours and go on sale in the UK in early 2013. The Nissan Juke Nismo sounds like it should be a slightly watered-down version of the Juke R, but it’s not. The Juke Nismo, revealed at the end of 2011, is in fact a titivated regular Juke; think the Nissan version of IPL.