Denso 210-4175 Remanufactured Alternator on 2040-parts.com
Temecula, California, US
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Saab unable to pay wages as financing crisis deepens
Fri, 24 Jun 2011Saab'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.
Black cab fares to rise
Mon, 24 Feb 2014BLACK cab fares in the capital are going up and could rise again as early as next January. From April 5, London taxi fares will increase by an average of 0.7%, Transport for London (TfL) announced today. TfL said the below-inflation increase was the lowest since it took responsibility for licensing taxis in 2000 and the rise equated to just 9p more on an average fare.
Nissan developing the self-cleaning car
Fri, 25 Apr 2014Motorists may never need to wash their cars again, as Nissan is helping to develop paint that repels mud, rain and dirt. The technology, which Nissan tells us is “super-hyrophobic and oleophobic”, creates a protective layer of air between the paint and the environment, preventing dirt sticking to the car. Nissan Nissan Note already uses self-cleaning technology Called Ultra-Ever Dry, the tech is currently being tested on the Nissan Note, which already features a ‘wash and blow dry’ function on its rear view camera.