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End of Maybach may jump-start Mercedes S-class convertible

A couple of nondenial denials from Mercedes-Benz execs at the New York auto show this week sure made it sound like there's a convertible coming, based on the redesigned S-class due out next year. If the brand follows its usual practice, the convertible would come out a year or two after the sedan. Significantly, Mercedes-Benz showed the Ocean Drive convertible concept five years ago with a Mercedes-Benz badge, rather than Maybach.

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.

Ferrari F450 prototype spied as F430 successor heads for Frankfurt debut

Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year. From this prototype, spotted being loaded into a hauler, we see that the styling is updated but not a radical departure from the F430. The new model designation comes from an increase in displacement for the V8 to 4.5 liters.