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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.

Testa Rossas, Lemons, Laguna Seca and design inspiration – Monterey Car Week 2014

As a first timer to this annual festival it’s easy to think of it purely as Pebble Beach Concours d’Elegance. However, in reality the blue-chip show on the famous golf course is simply the climax of a whole week of formal events, impromptu gatherings and an overall sense of overwhelming from the sheer quantity and quality of the cars, all packed onto this upmarket West Coast peninsular.It's this variety that means this event really is what you make of it. Want to live it up like a billionaire and feel the buzz of $400million worth of cars pass under the auctioneers’ hammers, followed by some lobster and champagne in the golf club?

Fisker releases Nina drawing ahead of New York auto show

Fisker Automotive has had its share of setbacks lately, but the company is continuing with plans to reveal a new model, called the Nina, at the 2012 New York auto show. On Thursday, the firm released a doodle that might be a teaser for the Nina. From what we can see, it might also be a drawing of a spaceship, a seabird's head or a high-tech pair of scissors from Fiskars.