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Volvo C30 (2006): first official pictures

By Phil McNamara First Official Pictures 25 July 2006 01:17 The lowdown This is the Volvo C30, a rakish three-door set to take on the BMW 1-series and Audi A3. Unconventionally, this hatchback only has four seats; conventionally, it mounts its engines across the nose and sends power to the front wheels. The C30 is scheduled to arrive in UK showrooms in December.

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.

Concept Car of the Week: Alfa Romeo BAT 7

This week sees the Concept of the Week title go to Alfa Romeo and Bertone for their collaboration on the Alfa Romeo BAT 7, the second addition to the BAT series that began in 1953 and finished in 1955. First seen at the 1954 Turin motor show, this wildly futuristic ‘dream' car came about after Alfa Romeo contacted Giuseppe "Nuccio" Bertone of the Bertone carrozeria to commission three concepts with the lowest possible drag coefficient. The cars were named BAT for "Berlinetta Aerodinamica Tecnica." Built upon the Alfa Romeo 1900 chassis, the BAT cars featured large rear bumpers and curved fins, and the concepts achieved a drag coefficient of just 0.19 - an impressive result.