Bulletin: Ford Motor Co. Voluntary Safety Recall Has No Immediate Rating Effect - S&P Global Ratings’ Credit Research

Bulletin: Ford Motor Co. Voluntary Safety Recall Has No Immediate Rating Effect

Bulletin: Ford Motor Co. Voluntary Safety Recall Has No Immediate Rating Effect - S&P Global Ratings’ Credit Research
Bulletin: Ford Motor Co. Voluntary Safety Recall Has No Immediate Rating Effect
Published Dec 03, 2012
Published Dec 03, 2012
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Abstract:

NEW YORK (Standard&Poor's) Dec. 3, 2012--Standard&Poor's Ratings Services said today that Ford Motor Co.'s (BB+/Positive/--) announcement regarding a voluntary safety recall of 2013 SE and SEL model Ford Escape and Fusion vehicles equipped with the 1.6-liter engine has no immediate effect on the rating or outlook on Ford. The potential for engine fires in those specific engines does not affect 2013 Escape or 2013 Fusion models with other engines. Our preliminary view is that this event is more likely to be a challenge to Ford's improved standing with consumers than a major financial cash cost. Still, given that the Escape and Fusion (all engine types) collectively represented about 24% of Ford brand sales for the first

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers , Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Ford Motor Co. Voluntary Safety Recall Has No Immediate Rating Effect" Dec 03, 2012. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Ford-Motor-Co-Voluntary-Safety-Recall-Has-No-Immediate-Rating-Effect-1044383>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Ford Motor Co. Voluntary Safety Recall Has No Immediate Rating Effect Dec 03, 2012. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Ford-Motor-Co-Voluntary-Safety-Recall-Has-No-Immediate-Rating-Effect-1044383>
  
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