J1772 Charger Adapter (x2) Compatible Tesla Model 3/y/x/s 60 Amp / 240 on 2040-parts.com
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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.
The amazing McLaren F1 replica made by a Top Gear fan for £20,000
Tue, 17 Dec 2013Barcroft Media A Top Gear fan has completed the ultimate motor challenge - building a £5 million supercar using scrap and spare parts. Amateur mechanic Jacek Mazur, 48, made his own replica McLaren F1 for just £20,000 - 250 times cheaper than the real thing. He even paid tribute to his favourite TV show by building a tiny rear seat for Top Gear co-host Richard Hammond.
Jaguar to re-create Lightweight E-type
Wed, 14 May 2014Jaguar is embarking on its first ever re-creation project, and we think collectors will be pleased. The company plans to build six brand-new Lightweight E-types. They will fill in the missing six chassis numbers from the car's original planned run of 18 units in 1963.