GM, Ford ratings at risk if turnarounds stall-S&P


NEW YORK, March 22 (Reuters) - Ford Motor Co. and General Motors Corp. could face lower ratings if progress falls short on their turnaround plans and cash burn turns worse than expected, Standard & Poor's said on Thursday. Both automakers have bolstered liquidity and have adequate cash to fund restructuring plans this year and probably even into 2008, S&P said in a report. "But going into 2009, both Ford and GM must be close to generating cash from automotive operations, or they ...

Premium Content (PAID Subscription Required)

"GM, Ford ratings at risk if turnarounds stall-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.

Dec 6, 2016

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×