Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To 'BBB-'; Outlooks To Stable; Teleconference On Sept. 6 - S&P Global Ratings’ Credit Research

Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To 'BBB-'; Outlooks To Stable; Teleconference On Sept. 6

Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To 'BBB-'; Outlooks To Stable; Teleconference On Sept. 6 - S&P Global Ratings’ Credit Research
Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To 'BBB-'; Outlooks To Stable; Teleconference On Sept. 6
Published Sep 06, 2013
2600 words — Published Sep 06, 2013
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Abstract:

Dearborn, Mich.-based automaker Ford Motor Co.'s (Ford's) solid performance in North America continues to support good overall automotive cash flow and profitability, and we believe that the company's credit measures will approach our expectations for the 'BBB-' rating over the next year or so. We believe prospects for diversifying profits are improving due to recent sales gains in China and restructuring actions and retail market share expansion in Europe, which we expect will support eventual profitability. We are raising our ratings on Ford, including the corporate credit rating to 'BBB-' from 'BB+', and revising the outlook to stable from positive. NEW YORK (Standard&Poor's) Sept. 6, 2013--Standard&Poor's Ratings Services today raised its issuer credit ratings on Ford

  
Brief Excerpt:

RESEARCH Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To '###-'; Outlooks To Stable; Teleconference On Sept. 6 Publication date: 06-Sep-2013 Primary Credit Analyst: Dan Picciotto, CFA, New York (1) 212-438-7894; dan.picciotto@standardan...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers , Structured Finance
Country
Region
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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. "Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To 'BBB-'; Outlooks To Stable; Teleconference On Sept. 6" Sep 06, 2013. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-And-Ford-Motor-Credit-Issuer-Credit-Ratings-Raised-To-BBB-Outlooks-To-Stable-Teleconference-On-Sept-6-1188015>
  
APA:
S&P Global Ratings’ Credit Research. (). Ford Motor And Ford Motor Credit Issuer Credit Ratings Raised To 'BBB-'; Outlooks To Stable; Teleconference On Sept. 6 Sep 06, 2013. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-And-Ford-Motor-Credit-Issuer-Credit-Ratings-Raised-To-BBB-Outlooks-To-Stable-Teleconference-On-Sept-6-1188015>
  
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