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Mercedes S-Class Grand Edition launches

Mercedes S-Class Grand Edition - AMG cosmetics to garner the last sales It’s usually a fair assumption that when Mercedes launches a car with a ‘Grand Edition’ badge attached to its boot that the end for that model is nigh. And so it is with the Mercedes S-Class Grand Edition. So before the 2012 S-Class arrives with its Magic Sky and Magic Body and Magic everything else, Mercedes has bolted a lot of its high-end cosmetics to the more lowly S-Class models to try and wring the last few sales out of a car that is long in the tooth and no longer as good as the BMW 7 Series, Audi A8 or Jaguar XJ.

Alfa Romeo TZ3 Stradale by Zagato (2011) first pictures

Italian design house Zagato has announced the Alfa Romeo TZ3 Stradale, a road-going follow-up to 2010's TZ3 Corsa racing car concept which won Concept of the Year honours at the Villa del'Este Concours last May. Zagato will build nine TZ3 Stradales, meaning a total of 10 TZ3s will help celebrate Alfa Romeo's centennary. Tell me more about the Alfa TZ3 Stradale by Zagato As befits the 'Stradale' name, this is a TZ3 for the street, following on from the 2010 TZ3 Corsa track 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.