...+ We expect that Ford Motor Co. (Ford) will sustain its recent strong operational execution over the next two years and deliver increased pretax profits as it improves its competitive position amidst a somewhat slower global economic recovery (relative to our prior expectations). + We are upgrading Ford Motor Co. and its subsidiary Ford Motor Credit Co. LLC (which we deem as a core subsidiary) to '###/A-2' from '###-/A-3'. + At the same time, we are raising our issue-level ratings on Ford Motor Co.'s debt to '###' from '###-'. + The stable outlook reflects our expectation that the company will maintain EBIT margins of 8%-10% in North America in 2016 and 2017, post a sustainable profit in Europe in 2016 (with positive cash flow in that region by 2017), and maintain steady profits in China. NEW YORK (Standard & Poor's) March 11, 2016--Standard & Poor's Ratings Services said today that it has upgraded Ford Motor Co. and its subsidiary Ford Motor Credit Co. LLC (which we deem as a core subsidiary)...
