NEW YORK, Jan 23 (Reuters) - Standard & Poor's on Friday said its outlook on No. 2 automaker Ford Motor Co. remains stable despite difficult industry fundamentals and that a downgrade is not likely over the next several years. Even if expected earnings improvements fail to materialize, Ford's ratings are not likely to be changed as long as automotive profits and cash flow do not deteriorate significantly from expected full-year 2003 levels, S&P said in a statement. S&P rates ...
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