Standard & Poor’s recent downgrade of Ford Motor Co.’s credit rating doesn’t “accurately reflect the state of our business,” says Don Leclair, Ford group vice president and chief financial officer. The S&P lowered Ford’s credit rating to BBB-/A-3 with a stable outlook. “We’re introducing great new products, we’ve exceeded our cost-cutting targets, our cash availability is outstanding and we are on track to achieve our financial milestones for 2003,” Leclair says in a prepared ...

Premium Content (PAID Subscription Required)

"Ford Critical of S&P Rating Downgrade" 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.