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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.

One Lap of the Web: Dancing grandmas, fun with captions and drunken driving

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Here's your daily giggle: Watch some dancing grannies cruise in their Mitsubishi i-MiEV in an ad for Cambio, a Belgian car-sharing company.

Art Center student's clothing company with a cause

In addition to studying automotive design at Art Center College of Design, student Mason Watson also runs his own automotive clothing company called Cars For A Cure Apparel. Set up a year ago, the venture was established in honor of Watson's mother, who lost her battle with breast cancer in 2008. Every purchase made on the Cars For A Cure Apparel website includes a 20 percent donation to The Breast Cancer Research Foundation.