Walker Exhaust Flange For 1983-1987 Lincoln Continental 5.0l V8 Brackets Km 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.

VW Polo GTI and harder Golf GTI Wörthersee 09

By Tim Pollard First Official Pictures 20 May 2009 16:34 Volkswagen today unveiled two hot hatch surprises at the 2009 Wörthersee hot hatch festival: a potential Polo GTI and a harder, faster Golf GTI, likely to give clues to the R model tipped by CAR for launch later this year. Both models pictured here are concepts at this stage. The Golf GTI Wörthersee 09 edition gains cosmetic and modest engineering mods.

Jaguar XJ – The Chauffeur’s Choice

One of the Lanesborough Hotel's Chauffeur Jaguar XJs It’s a big market for high end cars. The Chauffeur market, that is. And in the new XJ Jaguar has built a car that’s pitched perfectly at that lucrative market, especially with the LWB 3.0 litre diesel XJ.