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Hellwig 6107 Air Spring on 2040-parts.com

US $305.53
Location:

USA, United States

USA, United States
Condition:New Color:NA MPN:6107 Manufacturer:Hellwig EAN:0745662061074 Brand:Hellwig UPC:745662061074

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.

Morgan to fight car firm ousting

Thu, 17 Oct 2013

A FORMER SPORTS CAR chief has vowed to fight his removal from the board of the company his grandfather founded. Charles Morgan said he was appealing against the decision by Morgan Motor Company, which said he would no longer be a part of the managing team or the board of directors at Morgan Technologies, a subsidiary of the main company. Earlier this year, Mr Morgan stepped down as the Worcestershire-based company's managing director and became an ambassador for the brand started by his grandfather Henry Morgan in 1910.

Grand National Roadster Show 2010: Possessed for victory--and just in time

Mon, 01 Feb 2010

The car that won almost didn't make it to the show. To officially enter the Grand National Roadster Show, the most prestigious hot-rod event on the planet, your car has to be in the building at the Fairplex in Pomona, Calif., by noon on opening day. Possessed, an elegantly elongated take on a '33 Ford roadster, was officially signed in by the judges at 11:58 a.m.