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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.

Subaru Impreza – the 2012 European one is revealed

Subaru will show this European-spec Impreza five-door at the 2012 Geneva motor show, as well as the BRZ sports car in European trim. This is the fourth-generation of the Impreza, but traditionalists expecting a return to the four-door saloon format will be disappointed: it remains a five-door hatchback bodyshell. Subaru abandoned its distinctive four-door style for Golf-alike hatch style in the last generation.

Microsoft demos Apple CarPlay rival

The battle between Microsoft and Apple is being fought on the desktop, on the smartphone and now in the car. At its Build 2014 developer conference, held earlier this month in San Francisco, Microsoft demoed an early version of Windows In The Car, its response to Apple's CarPlay system we saw at the Geneva Show back in March. As you'd expect, In The Car's design follows the look of Microsoft's latest Windows and Window Phone operating system pretty closely.