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Fitch Ratings has upgraded the issuer default rating for Ford Motor Company and Ford Motor Credit Company to 'B-' from 'CCC'; the outlook remains positive.
Read More →In-market new-car shoppers have shown increased interest in the Audi, Ford and Hyundai brands over the past year, according to the latest Kelley Blue Book Market Intelligence Brand Watch study and Market Watch report.
Read More →Fitch Ratings assigned a 'CC/RR6' rating to Ford Motor Company's issuance of $2.875 billion seven-year senior unsecured convertible notes, a positive ratings outlook.
Read More →Investment in high-quality digital and social media content is key to changing customer perceptions of a brand, as well as in raising brand awareness and consideration levels, according to industry experts at the 2009 J.D. Power and Associates Automotive Internet Roundtable.
Read More →This month's new-vehicle sales (including fleet sales) are expected to be 887,000 units, a 25.3 percent decrease from June 2008, but a 3.9 percent decrease from May 2009, according to Edmunds.com.
Read More →This month’s new-vehicle sales (including fleet sales) are expected to be 859,000 units, a 30.8 percent decrease from April 2008 and a 0.5 percent increase from March 2009, according to Edmunds.com.
Read More →Ford Motor Company announced Monday the completion of debt restructuring initiatives that will reduce its debt by $9.9 billion from $25.8 billion. The move was viewed as a positive step, although ratings agencies believe Ford’s fundamental business risks remain unchanged.
Read More →Ford Motor Co. and General Motors introduced separate incentive programs today that promised to protect customers against job loss.
Read More →Ford Motor Credit Company said it will take a bigger chunk out of Ford Motor Company’s $2.2 billion in term loan debt by increasing last week’s $500 million pledge to $1 billion.
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