Mexican Media Brands
S&P Raises Ford Credit Rating
Standard & Poor’s Ratings Services has raised its credit rating for Ford Motor Co. one notch to BBB, which is two levels above the firm's lowest investment grade.
#economics
Share
Standard & Poor’s Ratings Services has raised its credit rating for Ford Motor Co. one notch to BBB, which is two levels above the firm's lowest investment grade.
S&P’s upgrade cites Ford’s “positive fundamentals” and says the company appears well positioned to sustain operating margins over the next two years. The firm notes Ford successfully launched 16 new models in 2015 and predicts similar momentum this year, when another 12 models will debut.
Last month Moody’s Investors Service upped its rating for Ford one notch to Baa2, also two levels above junk status.
RELATED CONTENT
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data