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Aston Martin V12 Zagato (2011) makes its racing debut

Aston Martin only unveiled its V12 Zagato limited edition coupe one week ago, but has already put the racing version into action, at the latest round of the ADAC VLN series at the Nurburgring. It was the first chance the public have had to see the Aston Martin V12 Zagato since it was revealed at the 2011 Villa d'Este Concours. Why choose the Nurburgring for the Aston Martin V12 Zagato's race debut?

L'argus European Design Competition 2004 announced

French magazine L'argus de l'automobile has launched its 3rd European Design Competition , with the theme: "Imagine the convertible utility vehicle" The competition has been run since 2002, asking students at European design schools to design original utility vehicles. The 2003 competition recieved more than 350 submissions from students of Europe's best schools of art and design. This year there are two major new features: extension of the competition to design students in the new European Union countries, and greater freedom for entrants, with a theme allowing more room for creativity.

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.