Join Date: Feb 2001
Location: The Hills of North Georgia,USA
US:Fitch revises Ford outlook to negative from stable
Fitch revises Ford outlook to negative from stable
NEW YORK -- Fitch Ratings on Monday revised its debt rating outlook on Ford Motor Co. and its finance arm to negative from stable, citing production cutbacks, stiff competition, and shifting buying patterns.
Fitch currently rates Ford's senior debt "BBB-plus," which is three steps above junk, and is the same for Ford Motor Credit.
My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.
My next Ford.....