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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.

VW Touran Facelift (2010) announced

The 2010 VW Touran Facelift The Leipzig Motor Show starts this weekend, and we already know that a number of German car makers are going to debut new models. BMW are showing the new 5 Series Touring and Audi are going to show of the facelifted TT. And now we know that Volkswagen are going to treat us to a facelifted version of its people-carrying box with windows – the VW Touran.

Iconic rally-winning Ford Escort Cosworth confirmed for Goodwood

A RARE and celebrated old Ford Escort Cosworth rally car is to make an appearance at the Goodwood Festival of Speed. The car, decked out in the iconic Michelin Pilot livery, will feature on Michelin's own stand at the show and will give people a once-in-a-blue-moon chance to get up close. Driven by Malcolm Wilson OBE, the Team Principal of the M-Sport World Rally Team, the iconic Michelin Pilot Escort RS Cosworth dominated the 1994 British Rally Championship.