Badlands M/c Products Load Equalizer Iii Le-03-a on 2040-parts.com

Volvo S60 Long Wheelbase (S60L) goes in to production

Volvo S60 Long Wheelbase (S60L) goes in to production Volvo certainly seems to be on the up at the moment, with new cars like the new V40 challenging established premium compacts and a complete new engine range in the offing. That is, to a great degree, down to the ownership of Volvo by China’s Geely after a period of stagnation under Ford, and now the Chinese ownership is starting to make strides in China. Chinese sales for Volvo are growing, and that’s going to be helped by a new long wheelbase version of the S60, built for the Chinese market in China and due to debut at the Guangzhou Motor Show later this month.

1957 Ferrari Testa Rossa could break auction record at Pebble Beach

Auction house Gooding & Co. will offer up two legendary sports-racing cars--a 1957 Ferrari 250 Testa Rossa Prototype and a 1963 Shelby Cobra 289 Factory Team Car, one of which might set a record price for a car sold at auction--at Gooding's sale Aug. 20-21 during the Pebble Beach Concours d'Elegance.

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.