Ford Motor Co. bristles following a reduction to near junk status of its long-term debt rating by Standard & Poors. “The change in Ford Motor Co.’s credit rating does not reflect the fundamental strength of our business,” replies Allan Gilmour, the auto maker’s vice chairman and chief financial officer. “Our revitalization plan is on track. On the automotive side, we have strong liquidity with nearly $26 billion in gross cash, less than $1 billion in debt coming due ...

Premium Content (PAID Subscription Required)

"Ford Fires Back Following S&P 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.