01 02 Pt Cruiser Alternator 115028 on 2040-parts.com

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.

Subaru recalls 275,000 Foresters for seatbelt fix

Subaru will recall certain Forester models produced in model years 2009-11. About 275,000 of the small SUVs could be affected by a problem with the automatic locking retractor in the seatbelt assembly. In the recall announcement, Subaru says the assemblies do not meet federal motor-vehicle safety standards for occupant crash protection.

BMW to supply Toyota with 1.6 & 2.0 litre diesel engines.

Toyotas to get BMW diesel engines in Europe It has been announced that BMW are to supply Toyota with 1.6 and 2.0 litre diesel engines for Toyota cars in Europe from 2014. Last week we revealed that BMW and Toyota were discussing swapping engines and hybrid technology in an effort to cut costs and improve products. And now we have the first fruits of those discussions confirmed.