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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.

Audi to show rugged A4 allroad in Geneva

While Audi's A6 allroad quattro didn't resonate in North America and ultimately was discontinued after the 2005 model year, it did enjoy mild popularity in Europe and continues to be sold there. Now Audi plans to bolster the line with the addition of the A4 allroad quattro that's set to make its first public appearance at next month's Geneva motor show. Beginning with an A4 Avant, Audi improves its off-roading abilities by raising the ride height by 37 millimeters to 180 millimeters and widening the track in front and rear by 20 millimeters.

Holden restores its futuristic 1969 Hurricane concept car

Holden, General Motors' Australian subsidiary, has resurrected its first-ever concept car: the 1969 Hurricane, packed with then-futuristic technology, some of which wouldn't make its way into production cars for more than a decade. When it was first revealed, the mid-engine, rear-wheel-drive, two-seat sports car showcased in-your-dreams innovations such as a rearview camera, a magnet-based navigation system, automatic air conditioning, electronic displays and a station-seeking radio. Holden designers started restoring the Hurricane concept--code-named RD 001--in 2006, using as many of the original parts as possible.