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Aston Martin revives Vanquish name for DBS replacement

Aston Martin is reviving the Vanquish name for the replacement of the DBS coupe, which will feature a full carbon-fiber body, a 565-hp V12 and a mass of engineering revisions in an effort to eclipse Ferrari's F12 Berlinetta. The Vanquish name goes back to the beefy, old-school model of 2001. Aston hopes that magic will rub off on its next flagship, a heavily revised version of the DBS made famous by its appearance in the Bond movie Casino Royale.

McLaren MP4-12C GT3 (2011) track testing begins

McLaren has begun testing its latest track weapon, the MP4-12C GT3 ahead of the 2012 FIA GT3 season.  How different is the MP4-12C GT3 from the roadgoing edition? The MP4-12C GT3 is based on the standard machine but modified for FIA GT racing by McLaren GT - a joint venture between McLaren Automotive and CRS Racing, a UK-based team currently competing in FIA GT with Ferrari F430s.  Externally you'll notice the race-spec fixed rear wing, undertray diffuser, front splitter, louvres and vents. Underneath there's a new suspension system, ditching the road car's linked suspension for FIA-compliant conventional dampers and anti-roll bars. Akebono is supplying race-specific brake components, and Bosch Motorsport has installed its ABS system. The car sits 100mm wider on its new suspension and has suitably flared bodywork as a result.  It's still the McLaren's bespoke 3.8-litre twin-turbo V8 engine, tuned for racing.

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.