Navico Wheel Pilot Wp4000 on 2040-parts.com

Mercedes To The Rescue This Winter

WITH the winter weather already resulting in plunging temperatures, Mercedes is reminding us that it’s time to switch to winter tyres. Although still a rare thing in the UK compared to other European countries, manufacturers and tyre companies are hoping that UK motorists will eventually embrace cold weather tyre technology. When fitted, the tyres can help deliver shorter braking distances in low grip and cold conditions.

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.

Fiat 500: US Spec Fiat 500 revealed in LA

U.S. Spec Fiat 500 revealed at the Los Angeles Motor Show It would have been completely unthinkable just a few years ago; a small Fiat not just entering the US market but doing so amid much domestic anticipation and razzmatazz. But it’s happened – the car buyers of America have been introduced to the Fiat 500 at the Los Angeles Motor Show.