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Article: Ford Motor & Ford Credit Senior Debt Affirmed 'A+' By Fitch - Fitch Financial Wire -

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PR Newswire
Article date:
June 18, 1997
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NEW YORK, June 18 /PRNewswire/ -- Ford Motor Co. and Ford Motor Credit Co.'s (Ford Credit) 'A+' senior debt ratings are affirmed by Fitch Investors Service. In addition, Ford Credit's commercial paper is affirmed at 'F-1'.

Ford's domestic automotive profitability continues to recover, propelled by the success of its new truck products and the initial cost take-outs from its Ford 2000 initiatives and global operational alignment. The company also has reinforced its cost disciplines by announcing its intention to drop marginally profitable product lines such as heavy trucks and low-volume passenger cars. Product spending has eased from peak levels associated ... 







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