TEXT-S&P: Ford Q1 results do not affect ratings

Newswire

(The following statement was released by the rating agency) April 27 - Standard & Poor's Ratings Services said today that Ford Motor Co.'s (BB+/Stable/--) first-quarter results have no impact on the rating or outlook. Results were dominated by North America, where margins were stronger than our full-year expectations at 11.5%, but most other regions were loss making. Given the outlook for some of these other markets, North America could be expected to generate the vast majority of ...

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