TEXT-S&P revises Ford Motor Co outlook to positive

Newswire

(The following statement was released by the rating agency) -- Ford reported a first-quarter profit, including a pretax margin of 8.9% in its North American automotive operations and positive operating cash flow from its global automotive operations. -- Still, future profitability will be influenced partly by industry demand and intense competition, both of which are beyond Ford's control. -- We are revising our outlook on Ford and its subsidiaries to positive from stable, indicating ...

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