Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract - S&P Global Ratings’ Credit Research

Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract

Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract - S&P Global Ratings’ Credit Research
Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract
Published Nov 19, 2007
1498 words — Published Nov 19, 2007
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Abstract:

NEW YORK (Standard&Poor's) Nov. 19, 2007--Standard&Poor's Ratings Services today said it has affirmed its 'B' long-term corporate credit and other ratings on Ford Motor Co. and Ford Motor Credit Co. (Ford Credit) and removed them from CreditWatch with positive implications, where they were placed Sept. 26, 2007. The outlook is stable. The CreditWatch placement resulted from the announcement that General Motors Corp. (GM) had reached a contract agreement with its main labor union, the United Auto Workers (UAW), on that day and we expected Ford to reach a similar agreement. As we expected, Ford reached a largely similar agreement that caused us to review the company's rating and outlook. Ford's contract was ratified by UAW members

  
Brief Excerpt:

RESEARCH Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract Publication date: 19-Nov-2007 Primary Credit Analyst: Robert Schulz, CFA, New York (1) 212-438-7808; robert_schulz@standardandpoors.com Secondary...

  
Report Type:

Ratings Action

Ticker
F
Issuer
Ford Motor Co.
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract" Nov 19, 2007. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-Co-B-Rating-Off-Watch-Outlook-Stable-On-Ratification-Of-UAW-Contract-614053>
  
APA:
S&P Global Ratings’ Credit Research. (). Ford Motor Co. 'B' Rating Off Watch; Outlook Stable On Ratification Of UAW Contract Nov 19, 2007. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-Co-B-Rating-Off-Watch-Outlook-Stable-On-Ratification-Of-UAW-Contract-614053>
  
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