Tilton Engineering Starter Mini Inline Chevy Each 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.

2014 Kia Forte trims, slims, adds FlexSteer

The all-new 2014 Kia Forte debuted at the LA Auto Show in November, and it will hit dealerships in the first quarter of this year. Powertrains and trims are consolidated, the interior is updated and the small sedan will now feature something called FlexSteer, which adjusts the weight of the wheel from comfort to normal to sport. Equipment on the second-generation sedan will rival that of almost any of the luxury brands, even in base trim.

Nissan BladeGlider (2013) shown

By Damion Smy First Official Pictures 08 November 2013 09:53 Is the Nissan Qashqai a little too practical for you? Nissan has the answer: the wacky-looking BladeGlider, inspired by its Zeod racer that began sportscar racing in 2012 as the Nissan DeltaWing. The BladeGlider is a Nissan showpiece for its future sportscars, which will see hybrid and EV tech end up in its flagship GT-R.