Sizable market shares across most major North American vehicle segments Geographic breadth, with operations in most significant non-U.S. markets Nascent signs of stabilizing or improving market share in U.S. and Europe Large cash balances Highly volatile cash flow from automotive operations, including large outflows in 2008 and 2009, and potential for further cash use in 2010 High fixed costs and excess production capacity in North America, especially for light trucks Overdependence on pickups and SUVs for profitability Challenges to adjust product lineup as customer demand shifts Heavy funding needs of Ford Motor Credit Co. LLC The ratings on Ford Motor Co. and related entities reflect the multiple business and financial risks the company must overcome to stem its cash use
