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2012 BMW X1 Facelift at New York Show

2012 BMW X1 Facelift The still quite new BMW X1 is getting a minor facelift for 2012 and will debut at the New York Auto Show. It’s really only a couple of years since the debut of the BMW X1, but BMW are already giving it a tweak and a titivate in a 2012 facelift designed, it would seem, to make the compact SUV seem a bit more upmarket; more in line with the rest of the BMW range. Revealed ahead of a debut at the New York Auto Show this month – after which it goes on sale in the US from $31.5k – the latest version of the X1 gets a new front bumper and grill with silver bars, deeper recessed fogs and silver detailing in the lower bumper to give the nose of the X1 more identity and make it a but more urban-warrior trendy.

Range Rover Sport SVR Prototype revealed as most powerful Land Rover ever (video)

The new Range Rover Sport SVR Prototype (above) is heading for Goodwood What were Land Rover to call the new, powerful, range-topping Range Rover Sport from the new Special Operations division, we wondered. Well, wonder no more – it’s the Range Rover Sport SVR. The Range Rover Sport SVR has been revealed – in prototype form and still sporting camouflage – ahead of an appearance at this weekend’s Goodwood Festival of Speed where it will flaunt its ‘work in progress’ prowess up the Goodwood hillclimb.

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.