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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.

Concept Car of the Week: IAD Alien (1986)

Established in 1976 as a railway and aeronautical engineering company, Britain's IAD (International Automotive Design) rapidly oriented its expertise towards the automotive industry providing services from design to chassis engineering and even small-scale production. By the mid-80s two concepts had been presented – the TRX and the Arrival – that showed innovative thinking and tastefulness but a little innocuous styling. In an attempt to attract both attention and more clients, IAD CEO John Shute asked his team to design a futuristic concept that was both innovative and different.

Autoweek in review: What you might have missed

Rally driver Ken Block spent his summer on a three-continent tour of car trickery, and his highlight video can be viewed here. The Chevrolet Volt has been in the spotlight this week because of a NHTSA investigation into battery-pack fires, but the car still topped an owner-satisfaction survey. Tokyo Motor Show press days were this week, and you can check out our complete coverage here.