Rr Wheel Bearing Centric Parts 412.44000e 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.

Video: Jan Kaul explains Mercedes-Benz A-Class' interior

Mercedes-Benz has released a video exploring the interior of its new A-Class featuring the designer who headed the project. Jan Kaul explains in the video how the inspiration behind the interior was the subject of aviation, the same inspiration that produced the Concept A-Class show car. "The theme running through the design of the A-Class was definitely ‘less is more,'" says Kaul.

The Hamster needs a garage!

Poor old Richard Hammond. First he gets nearly killed playing silly-buggers with a mad rocket car, and now the poor man has nowhere to keep his own cars. Like Clarkson, Top Gear presenter Hammond lives in the sticks, in his case in rural Herefordshire close to the Welsh border, and about 50 miles from his co-presenter.