Moody's affirms ratings on Ford, finance arm

Newswire

NEW YORK, Nov 14 (Reuters) - Moody's Investors Service on Friday affirmed its ratings on Ford Motor Co. and its finance arm, saying the U.S. automaker is laying the groundwork for much stronger operating performance and cash generation in 2005 and beyond.

Moody's said the outlook remains negative, however, indicating a downgrade may be likely over the next 18 months.

Moody's affirmed

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