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Renault Megane Sport Tourer Extreme launched

Renault has introduced a new entry-level Megane Estate - the Renault Megane Sport Tourer Extreme It sounds as if a Renault Megane Sport Tourer Extreme should be a rival for a Renaultsport, but it’s not. It’s the new entry-level package on the Megane Sport Tourer. But there’s nothing wrong with that, even if the ‘Extreme’ designation is a bit of an oxymoron (unless you think of it in terms of at the bottom extreme of the range).

Volkswagen Touareg Facelift heading for Beijing Motor Show

The Volkswagen Touareg (pictured) with its 2015 nip and tuck It’s almost four years since the latest VW Touareg was revealed – and a year since VW introduced and R Line version of the Touareg - and now it’s time for a bit of a nip and tuck for VW’s largest SUV. Heading for the Beijing Motor SHow next week is a facelift for the Touareg which combines small cosmetic tweaks with some new technology to bring the Touareg up to date. A new front bumper and new bi-xenon headlights give the nose a new look, and a new back bumper, diffuser and LE fogs tweak the back.

Moody's boosts Ford's credit rating

Moody'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.