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Concept Car of the Week: Chrysler Lamborghini Portofino (1987)

In 1987, Chrysler purchased the bankrupt Italian carmaker Lamborghini to add an exotic brand to its portfolio. In celebration of its acquisition, Chrysler announced it would unveil a futuristic concept car at the Frankfurt motor show bearing a unique logo with the Italian raging bull framed inside Chrysler's famous Pentastar. It was during an internal aerodynamic study that designer Kevin Verduyn drew the lines of a four-seater sedan concept called the Navajo.

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.

Race Is On For Leaf Owners To Reach Billion Kilometres

JAPANESE car maker Nissan is preparing the ground for a milestone celebration, as drivers of its popular Leaf electric vehicle race towards the billion kilometre mark. Nissan is creating a series of animated stories centring on the experiences of selected owners to mark the event. For example, Roberto, from Valladolid, narrates his own story as the first taxi driver in Spain to buy a Leaf, explaining that since buying the car in October 2011 he has covered over 100,000 km and eliminated three quarters of his running costs.