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Volkswagen Touran Match released

Volkswagen has announced the VW Touran Match It’s hard to get excited about the Touran, with its boxy profile and drab – though comfortable – interior. But it’s very practical with its three rows of seats, which can actually be removed (they aren’t too heavy) giving you a very useful van for lugging gubbins around. But the Touran is a decent enough drive, even if the ride is a bit on the firm side., and its build quality shows through in the distinct lack of shake, rattle and roll.

Who's Where: GM Design announces major global restructuring of design executives

GM Design has announced a major reshuffle of its global leadership team, with Mark Adams, current executive director of Global Cadillac and Buick Design and GME vice president of Design, amongst the movers. Designed to boost the emphasis of the carmaker's various brands, including Buick and Opel, the restructuring – which comes into effect on 1 September – will focus on improving joint strategies, theme development and innovation. Mark Adams will head back to Germany to take up the position as GME vice president of Design and champion for Opel/Buick brand strategies and design language.

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.