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Lexus Premium Compact Concept – a 1-series by Lexus

Lexus's new compact premium hatch – the little Lexus to rival the 1-series By Gareth Evans First Official Pictures 17 August 2009 10:03 Lexus today issued a sneak peak at its new Premium Compact Concept ready to make its public debut at the 2009 Frankfurt motor show in mid-September.Think BMW 1-series by Lexus, and you'll get the idea. Not that you'd know too much from the solitary teaser sketch released today.Details are vague at present, with only the above sketch and no technical information available to showcase the long-awaited little Lexus. Expect more details and pictures to be announced in a few weeks' time – but we hear there is likely to be hybrid power for the compact premium car.

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.

De Tomaso SLC SUV Revealed

De Tomaso SLC Revealed It’s only about a week since we revealed that the newly re-born De Tomaso would be taking the first of their offerings – the De Tomaso SLC – to Geneva. We told you it was an SUV / Crossover with a choice of engines from Turbodiesel to V8 petrol. And so it is.