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Hyundai plots two coupes

By Tim Pollard Motor Industry 17 April 2008 05:18 Hyundai is plotting two different sports cars to replace the Coupe, CAR Online has learned: a low-volume, rear-wheel drive model to raise the profile of the Korean brand, and a more conventional coupe to raise sales. The Genesis Coupe, unveiled at the March 2008 New York auto show and aimed principally at the US market, is being touted as Hyundai's answer to the Vauxhall VXR8. It's a big, rear-wheel drive sports car that's powered by a choice of 306bhp 3.8-litre V6 and 210bhp 2.0-litre turbo.It's the bright red car pictured in the main image in our gallery above.

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 Eos BlueMotion Technology revealed

The VW Eos Bluemotion launches in the UK A New Year, but still VW are rolling out new BlueMotion Models. This time on the Eos. The usual tweaks apply to give the Eos its BlueMotion status – regenerative braking, start-stop, hill-hold and a gear change light – but this is the first time (unless we’ve missed something along the way) that VW has utilised its BlueMotion toys on a petrol engine.