Ironman Stewart retires, sells all

The off-road racing accomplishments of Ivan "Ironman" Stewart might never be matched: 82 major wins in desert racing, 17 of them in the crash-and-bang Mickey Thompson stadium series, three Baja 1000s and others too numerous to squeeze in here over a career that spanned 30 years. The thing that really sets him apart is that, while competitors shared driving duties over the long desert courses, Stewart did the vast majority of them alone, with no relief drivers--just him and the dirty, dusty desert. But even legends want to retire someday.

Upgraded Ford MyKey blocks explicit satellite radio channels

Teenage radio listeners might have to look somewhere else besides the family Ford for the Playboy channel or Howard Stern. The new generation of Ford's programmable MyKey system will let parents block "explicit" radio channels on the Sirius/XM satellite service in their cars. That would cover Playboy's and Stern's channels, as well as more than a dozen music channels, such as rapper Eminem's Shade 45 and the hard-rock Boneyard.

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.