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Subaru Impreza WRX STI R205 for JDM
Thu, 07 Jan 2010The Subaru Impreza WRX STI launches in Japan Subaru has announced a limited run of 400 Subaru Impreza WRX STI 205 which will go on sale in Japan. It won’t please Subaru Impreza nuts in the UK as they’ll get no chance to get their hands on one, but for those in Japan it’s great news. Unlike the rather lame Subaru WRX STI Carbon (or Impreza Pipe & Slippers as we like to think of it), the R205 is hard-core. Subaru has plucked a chunk of bits from the ‘Spec C’ bin to create the R205.
Spyker confirms new Saab 9-3 coming in 2012
Tue, 02 Feb 2010Spyker, Saab’s new supercar-building owner, has outlined its plans for the brand – which include a new 9-3 range – ahead of an extraordinary general meeting on 12 February where it hopes its shareholders will ratify its purchase of the ailing Swedish car company. If it gets the green light, Spyker and Saab will be renamed as Saab Spyker Automobiles NV – though each company will operate separately – and Saab will be positioned as 'an independent performance-oriented niche car company with an industry-leading environmental strategy'. Up first is the new 9-5 – which will be launched this summer – followed by an Estate version and an Audi Allroad-aping 9-5X. The new Cadillac SRX-based 9-4X SUV will arrive in early 2011, and Spyker is plotting the new 9-3 a year later.
Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody'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.