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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.

Hyundai & Kia make a mess of U.S. fuel consumption figures

Hyundai and Kia has admitted to mistakes in their fuel consumption figure in the U.S. and are set to compensate owners. Official fuel consumption figures are, at best, a guide to relative fuel consumption between different cars.

Honda future products: Civic relaunch precedes new CR-V, Accord

The next year is huge for Honda and it begins with a do-over--the fall relaunch of the redesigned Civic that was derailed by the March earthquake. A new CR-V arrives this winter and a redesigned Accord, which will be slightly smaller than the current model, follows next spring. Those three products represent about 70 percent of the brand's U.S.