Dynomax 31573 Hardware Gasket 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.

Armored Škoda Superb from SVOS has a few tricks up its sleeve

We've all read about armored BMW and Mercedes-Benz cars, and a few of us can even spot them in traffic, but there are plenty of armored options for slightly less flash transportation. Large German sedans make great platforms for armoring, and are one of the most popular choices in countries where there is a need for that sort of thing, but they're far from being the only sedans that can offer security-minded customers the relative peace of mind that comes with ownership of such a car. Besides, if you need to travel discreetly, a Mercedes-Benz S-class isn't always the best option -- which is why armoring companies will gladly modify less-obvious cars like the new Škoda Superb.

Paolo Pininfarina elected Chairman at Pininfarina SpA

Paolo Pininfarina has been unanimously elected to become Chairman of the Board of Directors at Pininfarina S.p.A., one of the roles previously occupied by his late brother Andrea Pininfarina. The Board of Directors agreed to assign authority over the Group's design operations and Pininfarina Extra to Paolo Pininfarina and also elected to hand over the Group's communications to his sister Lorenza Pininfarina, the Provisional Deputy Chairperson. There has been much speculation about the company's future following the untimely death of CEO Andrea Pininfarina in a traffic accident last week.