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Goodwood Festival of Speed 2010: live news, photo galleries, reviews

CAR is at the 2010 Goodwood Festival of Speed, and will update this page with news and snippets, photos and video beamed straight from the Earl of March's hillclimb. NB we'll update the latest news at the top of the page in blog format, so if you're reading for the first time start at the foot of the page and work your way up!SUNDAY 4 JULY 20102.45pm: Home timeIt might seem like too soon to leave, but I have been here since 6.30am, and the sad excuse of wanting to beat the traffic means it's time to leave Goodwood once again. Still a great show, even if it is getting too big.

New BMW 316d ES Saloon

BMW has announced the BMW 316d ES - its most economical 3-Series to date Car makers are falling over themselves to introduce new models that are more fuel efficient and less polluting than what went before, and this time it’s BMW’s time to play the game with the most economical 3 Series yet – the new BMW 316d ES Saloon. The 316d ES gets BMW’s 2.0 litre 4-pot diesel and a six-speed manual ‘box, which manages a quite impressive 62.8mpg and emits only 118g/km of CO2. That puts it in to the £35 a year VED band and makes this the cleanest and most economical 3 Series yet.

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.