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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.

Nissan GT-R gets light upgrades for new model year

Nissan revealed the next iteration of the Japanese-spec GT-R supercar last week. The 2013 model will enter that market sometime this month, but those sold in the U.S. will debut in January and be sold as 2014 models.

Flying Baldini Brothers take grand prize in Autoweek America Adventure

After five days of food, fun and friendly competition, the big prize in the Autoweek America Adventure was in the Mopar booth at the Specialty Equipment Market Association show in Las Vegas: a limited-edition 2011 Mopar Dodge Charger. The daily winners on the adventure collected a key fob, and one of them would start the Charger. Team Roe Racing was the overall high-point winner for the challenge.