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Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.
BMW 4-Series Coupe concept [w/Gallery]
Wed, 05 Dec 2012The BMW 4 Series Coupe concept will make its debut at next month's NAIAS in Detroit, when it will become the first model to wear the new 4er badge as it distances itself from the 3 Series sedan. While billed as a concept it is believed to be virtually production-ready. It offers little in the way of surprises in the wake of the F10 3 Series and larger 6 Series with traditional short front and long rear overhang proportions.
Mercedes SLS AMG Roadster revealed ahead of Frankfurt
Sun, 29 May 2011Mercedes SLS AMG Roadster - this time it's undisguised You might have thought that the photos of the Mercedes SLS AMG Roadster we published a couple of weeks back were the official reveal of the soft-top SLS. But you’d be wrong. Those photos were in fact of a disguised SLS Roadster (although you’d have to look hard to see what was hidden).