NEW YORK (Standard&Poor's) Jan. 28, 2010--Standard&Poor's Ratings Services said today that it views Ford Motor Co.'s (B-/Stable/--) fourth-quarter earnings announced today as positive for the company's recovering credit profile, but the results will not have an immediate effect on the ratings on Ford and related entities. The automaker announced a consolidated pretax profit of $1.75 billion for the fourth quarter and $454 million for the year. Ford's global automotive operations produced $1.07 billion in pretax profit (excluding special items) in the fourth quarter, while the financial services unit including Ford Motor Credit Co. LLC posted $683 million of pretax profit (for further information, please see the summary analysis on Ford Credit to be published later on
