usual & terrible’s scores services on Friday upgraded Ford Motor Co.’s F, +1.06% credit rating through one notch to ‘BBB’ from ‘BBB-‘. “The improve reflects our view that Ford remains smartly placed to maintain the contemporary development in its working margins over the subsequent two years,” stated S&P’s credit analyst Nishit Madlani in a observation. Madlani additionally expects the robust world automotive industry to continue aiding Ford’s trade in North the us and in another country, with the exception of in South the usa. The outlook on the rating is stable. Ford shares rose 1.1% to close at $ thirteen.29 on Friday.
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