Credit Rating Report

Ford Motor Company: Rating Report

Banking Organizations, Autos & Auto Suppliers

Summary

On June 14, 2023, DBRS Limited (DBRS Morningstar) upgraded Ford Motor Company’s (Ford or the Company) Issuer Rating to BBB (low) from BB (high). DBRS Morningstar also upgraded the ratings on Ford’s Long-Term Debt, Revolving Credit Facility, and Senior Unsecured Convertible Debt to BBB (low) from BB (high). Concurrently, DBRS Morningstar upgraded Ford Motor Credit Company LLC’s (Ford Motor Credit) Long-Term Debt rating and Long-Term Issuer Rating to BBB (low) from BB (high) as well as its Short-Term Debt rating to R-2 (low) from R-4. DBRS Morningstar also upgraded the Long-Term Debt and Short-Term Debt ratings on Ford Motor Credit’s subsidiary, Ford Credit Canada Company, to BBB (low) and R-2 (low) from BB (high) and R-4, respectively. The trends on all ratings changed to Stable from Positive.

Ratings

Ford Credit Canada Company
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:R-2 (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
Ford Motor Company
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
Ford Motor Credit Company LLC
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • Date Issued:Jun 14, 2023
  • Rating Action:Upgraded, Trend Change
  • Ratings:R-2 (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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Contacts

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