Powermaster #9600 Small Block - Bb Chevy Gear Reduction Starter "infi-clock" 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.

Alfa Romeo at Geneva Motor Show: Alfa Giulietta

The Alfa Romeo Giulietta debuts at the Geneva Motor Show With only a few days to go until the Geneva Motor Show kicks off, Alfa Romeo has revealed the replacement for the Alfa 147 – the Alfa Romeo Giulietta – in more detail. Yes, we had the first photos of the Giulietta when we didn’t know (and sadly, nor did Alfa) whether this would be the 147 or the 148 or the Milano. But it’s the Alfa Giulietta.

Volkswagen BlueSport concept

The 2009 NAIAS was the venue chosen to debut Volkswagen's latest concept: the BlueSport. "It is the symbiosis of outstanding technology and timeless Volkswagen design that makes this car an exceptional sports car. Its styling is clear and is reduced to the essentials; the car body itself has a lean and linear structure," explained Volkswagen Group Head of Design Walter de'Silva.