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    Racing legend, safety pioneer John Fitch dies at 95

    We bring sad news that John Fitch has passed away at the incredible age of 95, succumbing to a rare form of skin cancer at 1:20 AM this morning. He was in the company of his family at his home in Lime Rock, Connecticut. John Cooper Fitch was a true racing legend, a fighter pilot and a pillar of ...

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    Official: Blue Oval no longer in hock as Ford credit rating upgraded

    Moody's upgraded Ford's credit rating to investment grade today, the final step for the company to be able to reclaim its Blue Oval. Ford had offered its globally recognized trademark as part of a 2006 loan package. According to the Detroit Free Press, the collateralized logo and the rest of ...

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    Report: Ford no longer junk at Fitch as bonds return to investment grade

    No doubt Ford has seen the light shining at the end of its turnaround plan for a while, but now The Blue Oval is getting so close to the daylight it might even be able to smell the fresh air. By the end of 2005, Ford bonds were rated so low by the three major ratings agencies they was floating in ...

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    Toyota credit rating gets cut

    Car sales in the US are dismal right now, and even Toyota has been hit by anorexic demand. The Japanese automaker even resorted to 0% financing on eleven of its highest-volume vehicles, and it still didn't prevent Toyota's first quarterly sales decline in seven years. Add a surging yen and high raw ...


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