The two main rating agencies have dealt Ford Motor Company, and the auto sector in general, a double blow. After Ford?s announcement of a $4.1 billion restructuring, Standard & Poor?s responded by placing the firm?s BBB+ rating on negative outlook. Then Moody?s, which had rated the company higher than S&P, reduced its rating one notch to Baa1 and announced the outlook was negative.

Philippe Landroit, auto sector credit analyst at Société Générale in London, says: ?The Moody?s downgrade was wi

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: