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Yesterday, Moody's Investment Services dropped some bad news on Ford as they have downgraded their credit rating to Baa3 - one rung above speculative grade. Analysis by the investment service said the downgrade "reflects the erosion in the company's global business position and the challenges it will face implementing its Fitness Redesign program." The erosion that Moody's is referring to includes, Profit margins in North America beginning to soften due to higher costs Continuing losses in Europe and concerns of it getting worse due to Brexit Strains in the Chine
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Yesterday, Moody's Investment Services dropped some bad news on Ford as they have downgraded their credit rating to Baa3 - one rung above speculative grade. Analysis by the investment service said the downgrade "reflects the erosion in the company's global business position and the challenges it will face implementing its Fitness Redesign program." The erosion that Moody's is referring to includes, Profit margins in North America beginning to soften due to higher costs Continuing losses in Europe and concerns of it getting worse due to Brexit Strains in the Chine
