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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.

Mazda MX-5 and Mazda2 Sport Black Editions launch

Mazda2 Black & Mazda MX-5 Sport Black As we know, ‘Limited Editions’ are a way for car makers to shift some extra metal in quiet times. In this case it’s Mazda looking for a way to move the MX-5 and the Mazda2. Roll out the Mazda MX-5 Sport Black and – you’ve guessed – the Mazda2 Black Editions.

2013 Subaru Forester: Price from £24,995

The new 2013 Subaru Forester, which debuted at the Los Angeles Auto Show in November, will cost from £24,995 in the UK for the Forester 2.0D X. Those improvements for 2013 include new bumpers and a bigger crease down the side, some new alloys and more toys, like a new Infotainment centre and a SatNav with reversing camera. But the big news is that the new Forester gets a new engine option too, a new 2.0 litre turbo petrol good for 240PS which should make the Foresters ‘last forever’ appeal more enticing when you can have fun forever too.