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Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody'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 CLA 45 AMG Edition 1 revealed
Sat, 29 Jun 2013The launch edition of the CLA AMG – the Mercedes CLA 45 AMG Edition 1 (pictured) has been revealed Launch editions are a way to tempt buyers in to a new model in quick sticks, so Mercedes has revealed the launch model for the new CLA45 – the Mercedes CLA 45 AMG Edition 1. Frankly, we’d be surprised if MB has any real trouble finding buyers for the CLA 45 AMG, but a launch edition with extra goodies is always a ‘nice to have’, and the CLA45 version looks appealing. The changes aren’t huge for the Edition 1, but they do include a gloss black spoiler at the back, graphite grey side stripes, a set of 19″ matte black alloys and red detailing for the mirrors, wheels and grill.
2013 Ford Mondeo: Paris 2012
Sat, 29 Sep 2012Ford has given the new Mondeo its first public outing at the 2012 Paris Motor Show, and it looks a good effort. But the new 2013 Ford Mondeo no longer has the advantage of being a default buy for families, so Ford are working hard to make the Mondeo stand out from the mainstream offerings in the C/D segment by making it appear to more ‘Premium’ than just a mere Ford. That means a new nose – a nose that looks like it belongs on an Aston Martin – and a clever range of technology and engines that actually offer more – and for less – than most of the premium car makers can manage.
