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McLaren P13 set to arrive in 2014
Sun, 24 Mar 2013The next new car from McLaren – codenamed P13 and set to take on the Porsche 911 and Audi R8 – now looks set to arrive in 2014. McLaren’s plans for a new range of road cars have been in play for a number of years, and we initially expected the 12C to arrive first to take on the Ferrari 458, which it did, followed by a cheaper McLaren set to take on cars like the Porsche 911 and Audi R8. We got the McLaren MP4-12C (which McLaren now like us to call the 12C) followed by the 12C Spider – just as we first thought - but it seems McLaren was under pressure from its new dealer network to get the replacement for the legendary F1 out next, so McLaren switched tack and delivered the new McLaren P1.
Opel/ Vauxhall Zafira Tourer
Tue, 24 May 2011Following on from its Geneva motoshow debut, Opel/ Vauxhall have announced that the Zafira Tourer is to head into production. Retaining much of the concept’s overall design, the new Zafira Tourer is heralded as a ‘quantum leap’ from its manufacturers. An extensively re-designed Flex-7 seating system, focus on improved cabin quality and improved materials sees the Zafira elevated in terms of cabin luxury.
Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody'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.