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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.

Mercedes A45 AMG: Geneva Motor Show 2013

The Mercedes A45 AMG – Mercedes first proper ‘Hot Hatch’ – has been revealed at the 2013 Geneva Motor Show. On sale July 2013. The makeover from regular A Class to A45 AMG is relatively subtle by hot hatch standards, but its enough, with its more aggressive body kit, big alloys, red callipers and tail pipes to make you realise the A45 means business.

Rubens wins in Valencia

Rubens Barrichello celebrates with Ross Brawn after winning the European Grand Prix Rubens has had a moan or two about his team lately, but he had nothing but praise for them as he held on to the lead he took after Hamilton in the McLaren had a pit stop from hell – when his tyres stayed in the pit garage rather too long – and drove like the veteran he is. Button, on the other hand, managed to throw away his grid position at the start and spent the whol;e race playing catch-up. He managed to finish in seventh – for a very valuable two points – but hge was never in contention.