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Sioux Falls, South Dakota, United States
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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.
BMW Pininfarina Gran Lusso Coupé revealed ahead of debut at 2013 Concorso d’Eleganza Villa d’Este
Fri, 24 May 2013The BMW Gran Lusso Coupe by Pininfarina revealed ahead of Villa d’Este Or at least it still does if you expect the new 8 Series to look like a two-door version of the next generation 7 Series, rather than a completely individual model like the old 8 Series. Underpinning the Gran Lusso Coupe is the same platform the 7 Series uses and the same V12 from the 760i, which makes it both easier to bolt the Gran Lusso together and imagine it as future production model. The exterior of the Gran Lusso looks a bit like a coachbuilt version of a big BMW coupe, with most of the BMW design cues intact – if sharpened somewhat – with short overhangs and a long wheelbase.
Warning to car owners ahead of peak MOT time
Tue, 24 Sep 2013DRIVERS OF cars three years old and over are being warned of potential MOT pitfalls in the month of September. Due to the registration plate change in September and March each year these months also see a peak in the number of MOT tests, confirmed by statistics provided by the Vehicle Operator Services Agency (VOSA). Data has also revealed that a key area for MOT failures is vehicle lighting, which can be looked at ahead of the test.