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Infiniti releases first look at JX crossover
Thu, 07 Jul 2011Infiniti on Thursday released a first look at the JX seven-passenger crossover it plans to build at the Nissan assembly plant in Smyrna, Tenn. A concept of the JX will be shown publicly during the Pebble Beach Concours d'Elegance in August, and the production version is scheduled to debut at the Los Angeles auto show in November. The Infiniti JX is set to go on sale in spring 2012 as a 2013 model.
2010 Porsche 911 Turbo – the Video
Fri, 07 Aug 2009Porsche has released video footage of the 2010 911 Turbo The new Porsche 911 Turbo features a turbo-charged version of the 3.8 litre engine found in the Carrera S, which produces 500hp and a 0-60mph of 3.2 seconds. Porsche has also worked on the driving dynamics of the car, with a more driver-focused setup. The 4WD system now features a more pronounced rear bias, making the 911 Turbo more fun on twisty roads.
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.