Design Of Wood Aircraft Structures -- Anc-18 On Cd !! K2ne Web Store 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.

Rolls-Royce Wraith (2013) first official pictures

This is the Rolls-Royce Wraith, an imperious super-coupe that will debut today at the 2013 Geneva motor show. It’s the most powerful model Rolls-Royce has ever built, and the price befits that status: the Wraith costs £250,000. Just how much power does the Rolls-Royce Wraith need to be the most powerful model in this posh British marque’s history?

A tribute to Jim Das

On May 15 GM Europe designer Jim Das passed away in a Wiesbaden hospital after a year-long battle with leukemia. Jim joined the Opel Design team in 1997 following the completion of his Masters degree at the Royal College of Art. In 1998-99 Jim had a stint in Italy at the Opel Advanced Studio and worked on a roadster study (currently on display at Opel Live in Ruesselsheim).