S&P Puts Ford Ratings on CreditWatch Negative

The ratings agency cites concerns about the automaker's financial performance as competition heats up in key markets

On Oct. 21, 2003, Standard & Poor's Ratings Services placed its ratings on Ford Motor Co. (F ) and all related entities, including Ford Motor Credit Co. and Hertz Corp., on CreditWatch with negative implications. The short-term ratings were also placed on CreditWatch negative.

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