Ford debt cut to two notches above 'junk' by S&P


By Jonathan Stempel NEW YORK, Oct 25 (Reuters) - Standard & Poor's on Friday cut its long-term debt rating for Ford Motor Co. and its finance arm to two notches above "junk" status, on concern about restructuring prospects for the world's No. 2 automaker. S&P's outlook for Ford is "negative," meaning another rating cut is more likely than an upgrade. Ford had $162 billion of debt as of Sept. 30, S&P said. The downgrade might boost the automaker's borrowing costs as Chief ...

Premium Content (PAID Subscription Required)

"Ford debt cut to two notches above 'junk' by S&P" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×