Honda Trx 450 Slip-on Exhaust,"quadrofenia" New" All Years 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.

Porsche 911 Sport Classic introduced

Porsche has announced a Limited Edition Porsche 911 that will launch at Frankfurt - The Porsche 911 Sport Classic Porsche has plundered its history to build in to the 911 Sport Classic styling cues from the past. The Sport Classic gets a ‘Duck-Tail’ rear spoiler (thank you, 1973 Carrera RS 2.7) and ‘Fuchs-Style’ alloys (ditto – at least in terms of chronology).  You can also throw in to the mix a double-bubble roof (Carrera GT et al) and black surrounds to the headlights, which is evocative of the 1970s Porsche racers. So having thrown every design cue that fits from its history, what else does the 911 SC get?

MINI Cooper All4 Hybrid Spied

A MINI Cooper All4 Hybrid - complete with 'Hybrid Test Car' sticker What? You thought MINI had come up with every possible permutation of bodyshape, drivetrain and powerplant? Don’t be silly; not by a long way.