National 350572 Seal, Pinion-differential Pinion Seal on 2040-parts.com

VW Up Taxi Concept (2010): first official pictures

Volkswagen has shown off its Up Taxi Concept at a special unveiling in London today. The Up Taxi is VW's vision of a quirky and environmental rival to the classic London black cab, the Hackney carriage, and offers a very good idea of what the Up will eventually look like. The concept has luxurious leather seats and big touchscreens in the front and rear.

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.

VW Law: EU sues Germany over Volkswagen Golden Share

VW Law attacked by EU We often bemoan the fact that, although we have a car industry in the UK, it’s either owned by businesses outside the UK or an offshoot of a foreign car maker. Unlike Germany, where their car makers are owned by Germans. But that’s partly our fault, at least as far as Europe’s biggest and most successful car maker – Volkswagen – is concerned.