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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.

Dassault Systèmes and Autodesign & Styling's 'Prague Experience' contest launched

Dassault Systèmes and AutoDesign & Styling magazine are looking for designs for everyday objects inspired by the Czech capital of Prague for their annual international design competition. The contest, which is open to designers from all over the world, calls for entries that are both user- and eco-friendly and reflect the character of Prague as a European city full of famous architecture and hundreds of monuments. Anne Asensio, vice-president of design experience at Dassault Systèmes and jury president for the past two years, said, "We are pleased to announce the third annual competition, and we have already introduced a small tradition.

Jensen to build new Interceptor in 2014

These are the first renderings of the all-new Jensen Interceptor, due in 2014. Not to be confused with the 'new' old Interceptor, you can still buy. Coventry automotive specialist CPP will build the new 2014 Jensen Interceptor at its West Midlands plant; it'll also engineer and develop the prototypes.