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Lamborghini Gallardo pays homage to longtime test driver

Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos. It's called the LP 550-2 Valentino Balboni, which denotes the 550-hp rating. It's the only current Lamborghini that channels power to just the rear wheels.

GM taps Opel designs for future Buicks in the U.S.

Even as General Motors explores the sale of Opel, it will tap its European unit as a source for future Buick sedans. For the past two years, GM has shared Opel vehicles and design with Saturn. Sources familiar with GM's plans say those products now will go to Buick.

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.