Statement Re: Ford Investment Grade Rating by Standard and Poor’s Ratings Services
DEARBORN, Mich., Sept. 6, 2013 /PRNewswire/ — The following statement can be attributed to Bob Shanks, executive vice president and chief financial officer, Ford Motor Company (NYSE: F):
“The fact that we are now rated investment grade by all four major ratings agencies is further evidence of the continued progress the Ford team is making delivering our One Ford plan. Our plan is to maintain investment grade throughout an economic cycle. All of us at Ford remain laser focused on our One Ford plan to deliver profitable growth for all.”
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 177,000 employees and about 65 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information about the company and Ford’s products, please visit www.corporate.ford.com.
SOURCE Ford Motor Company