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BMW Concept X4: Official

The BMW X4 – in concept form – has now been officially revealed ahead of its debut at the 2013 Shanghai Motor Show. Yesterday we had the first photos of the X4, as the X4 Concept leaked, but now we get BMW’s official X4 details ahead of the debut of the Concept X4 at the Shanghai Motor Show at the end of April. And really, it’s very much what you’d expect.

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.

Renault Zoe EV gets cheaper – but only if you hardly use it

Renault Zoe EV (pictured) battery lease dropes to £45 a month The Renault ZOE eEV is one of the most affordable electric cars in the UK, with prices from £13,345 (after tax-payer bribe) plus a monthly cost for leasing the batteries from Renault. A bit like buying an ICE car and paying a monthly lease for the engine. But despite the Zoe’s ‘affordable EV’ tag, Renault has not had overwhelming success with the Zoe in the UK since it arrived last year, so they’ve come up with some new incentives to get car buyers to opt for their electric supermini.