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Cummings Isx Owner Manual on 2040-parts.com

Location:

Unionville, Connecticut, United States

Unionville, Connecticut, United States
Condition:Used

Saab unable to pay wages as financing crisis deepens

Fri, 24 Jun 2011

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.

Jaguar: from granddad's XJ to my XJS

Sun, 20 Jun 2010

A love of Jaguars from childhood is a common theme among the Jaguarati and I am no different. My grandfather owned Jaguars for 50 years, each one bought from new and a treasured possession. I was incredibly impressed by these beautiful beasts, where only the crunch of gravel heralded his arrival, nothing as common as an engine note.

Bugatti Veyron 16.4 Super Sport hits 268 mph

Sun, 04 Jul 2010

Bugatti is claiming a new production-car top-speed record with a combined two-run average of 267.9 mph (431.072 kph) with a new Veyron 16.4 Super Sport model, smashing the 253.76-mph record set by a standard Veyron 16.4 in 2005. It also betters the existing world-record mark of 256.23 mph (412.28 kph) established by Shelby SuperCars with its Ultimate Aero on a 12-mile stretch of road in Nevada in 2007. Confirming details of the attempt run under tight security at parent company Volkswagen's 13-mile Ehra-Lessien test track in late June, Bugatti says the new Super Sport set the record in the hands of its test driver, Pierre-Henri Raphanel, and under the auspices of officials from the Guinness Book of Records.