Ford Motor Co. Outlook Revised To Negative On Lower Cash Flow Guidance; 'B' Rating Affirmed - S&P Global Ratings’ Credit Research

Ford Motor Co. Outlook Revised To Negative On Lower Cash Flow Guidance; 'B' Rating Affirmed

Ford Motor Co. Outlook Revised To Negative On Lower Cash Flow Guidance; 'B' Rating Affirmed - S&P Global Ratings’ Credit Research
Ford Motor Co. Outlook Revised To Negative On Lower Cash Flow Guidance; 'B' Rating Affirmed
Published May 22, 2008
Published May 22, 2008
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Abstract:

NEW YORK (Standard&Poor's) May 22, 2008--Standard&Poor's Ratings Services today said it revised its outlook on Ford Motor Co. and related entities, including Ford Motor Credit Co. (Ford Credit) and FCE Bank PLC, to negative from stable. At the same time, we affirmed the 'B' long-term and 'B-3' short-term ratings on Ford and Ford Credit, and the 'B+/B-3' ratings on FCE. The outlook change reflects heightened concerns about industry challenges in North America after Ford today revised upward the amount of cash it expects to use from its global automotive operations over the next two years and said it no longer expects to return the automotive business to profitability by 2009. "The negative outlook should be understood

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Ford Motor Co. Outlook Revised To Negative On Lower Cash Flow Guidance; 'B' Rating Affirmed" May 22, 2008. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-Co-Outlook-Revised-To-Negative-On-Lower-Cash-Flow-Guidance-B-Rating-Affirmed-649839>
  
APA:
S&P Global Ratings’ Credit Research. (). Ford Motor Co. Outlook Revised To Negative On Lower Cash Flow Guidance; 'B' Rating Affirmed May 22, 2008. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-Co-Outlook-Revised-To-Negative-On-Lower-Cash-Flow-Guidance-B-Rating-Affirmed-649839>
  
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