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Market Watch (Free subscription) | 08/08/2008
SAN FRANCISCO (MarketWatch) -- Ford Motor Credit Co., the financing arm of Ford Motor Co. , will reduce lease originations on some large trucks and SUVs because of credit market conditions, according to a Securities and Exchange Commission filing Friday. Ford Motor Credit spokeswoman Meredith Libbey said the company will reduce lease volume by making leasing...
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Market Watch (Free subscription) | 08/08/2008
SAN FRANCISCO (MarketWatch) -- Ford Motor Credit Co., the financing arm of Ford Motor Co. , will reduce lease originations on some large trucks and SUVs because of credit market conditions, according to a Securities and Exchange Commission filing Friday. "The recent significant reduction in auction values for used full-size trucks and traditional sport utility vehicles,...
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Market Watch (Free subscription) | 08/01/2008
SAN FRANCISCO (MarketWatch) -- Fitch Ratings on Friday downgraded the issuer default rating of Ford Motor Co. and Ford Motor Credit Co. LLC to B- from B. The further deterioration in Ford's U.S. sales, an adverse product mix and the recent jump in gas prices as well as a portfolio deterioration at Ford Credit prompted the rating cut, Fitch said. "Negative cash flows and...
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Denver Post (Free subscription) | 08/01/2008
Standard & Poor's Ratings Services on Thursday cut its credit ratings for all three U.S.-based automakers further into junk status, citing worries about their mounting cash losses and the continued deterioration of the U.S. auto market.
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Star Tribune (Free subscription) | 08/02/2008
The credit ratings agency says it lowered its issuer default rating on the automaker and Ford Motor Credit Co. to "B-" from "B." It cites weaker auto sales, high gas prices, portfolio deterioration at Ford Credit and the effects of rising commodity costs.
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CNNMoney.com (Free subscription) | 08/01/2008
The credit ratings agency says it lowered its issuer default rating on the automaker and Ford Motor Credit Co. () to "B-" from "B." It cites weaker auto sales, high gas prices, portfolio deterioration at Ford Credit and the effects of rising commodity costs.
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The Business First of Buffalo (Free subscription) | 08/18/2008
Ford Motor Co. will sell up to $500 million of common stock to enable it to buy back debt from its Ford Motor Credit Co. LLC subsidiary, the automaker said in a filing Friday with the Securities and Exchange Commission. (F)
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The Wichita Business Journal (Free subscription) | 08/15/2008
Ford Motor Co. will sell up to $500 million of common stock to enable it to buy back debt from its Ford Motor Credit Co. LLC subsidiary, the automaker said in a filing Friday with the Securities and Exchange Commission.
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The Business Journal of the Greater Triad Aera (Free subscription) | 08/15/2008
Ford Motor Co. will sell up to $500 million of common stock to enable it to buy back debt from its Ford Motor Credit Co. LLC subsidiary, the automaker said in a filing Friday with the Securities and Exchange Commission.
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The Business First of Louisville (Free subscription) | 08/15/2008
Ford Motor Co. will sell up to $500 million of common stock to enable it to buy back debt from its Ford Motor Credit Co. LLC subsidiary, the automaker said in a filing Friday with the Securities and Exchange Commission.
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San Fransisco Chronicle (Free subscription) | 08/01/2008
Fitch Ratings says it downgraded its rating on Ford Motor Co. and its credit arm further into junk status. The credit ratings agency says it lowered its issuer default rating on the automaker and Ford Motor Credit Co. to "B-" from "B." It cites weaker auto...
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Seattle Times (Free subscription) | 08/01/2008
Fitch Ratings says it downgraded its rating on Ford Motor Co. and its credit arm further into junk status.
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The Washington Times (Free subscription) | 08/01/2008
Fitch Ratings says it downgraded its rating on Ford Motor Co. and its credit arm further into junk status.
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Business Wire (Free subscription) | 08/04/2008
... D notes upgraded to 'BB+' from 'BB'. The rating actions are a result of continued available credit enhancement in excess of stressed remaining losses and the attainment of class credit enhancement targets. Current principal allocation and expected future cash flows are also contributing factors. The collateral continues to perform within Fitch's base case expectations. Currently,...
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kansascity.com (Free subscription) | 08/01/2008
Fitch Ratings says it downgraded its rating on Ford Motor Co. and its credit arm further into junk status.
