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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.

F1 Korean Grand Prix: Red Bull CGI Video

Red Bull treat us to a CGI of the new F1 track in South Korea The F1 Circus gets bigger and bigger every year as Bernie Ecclestone continues his aim to host a Grand Prix in every country that can scrape together a few hundred million to add to the bank of Ecclestone. And one of the newest to succumb to the charms of Bernie and F1 is South Korea. There have been doubts that South Korea would get their act together and have their shiny new F1 facility ready to roll for 24th October (next Sunday), but it looks like the track has been signed off for next week’s race.

Hyundai i10 stars at the 2013 Frankfurt Motor Show

Frankfurt 2013 marks the debut of Hyundai’s new i10 hatchback – a fresh-faced challenger in the city car segment that’s aiming to take the fight to more expensive urban runarounds while still offering strong value for money. That means technology rarely seen on hatchbacks of this size, efficiency improvements and a greater degree of practicality, too. Please click the image above to read more about the Hyundai i10 at the 2013 Frankfurt Motor Show