Fitch Ratings has announced it has upgraded the Issuer Default Ratings (IDRs) for Ford Motor and its Ford Motor Credit captive finance subsidiary to 'BBB-' from 'BB+', thereby returning the OEM to investment grade. The rating outlook for both Ford and Ford Credit is stable. The other major ratings agencies - Subscribe to Automotive World … Continued
Fitch Ratings has announced it has upgraded the Issuer Default Ratings (IDRs) for Ford Motor and its Ford Motor Credit captive finance subsidiary to 'BBB-' from 'BB+', thereby returning the OEM to investment grade. The rating outlook for both Ford and Ford Credit is stable.
The other major ratings agencies -
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https://www.automotiveworld.com/articles/93388-us-fitch-returns-ford-to-investment-grade/
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