Ford Motor Co. nearly collapsed when the bubble burst on the U.S. automotive industry, and the automaker carried the scar of a junk status credit rating to prove it. The Associated Press reports that Ford may have healed. Fitch Ratings agency lifted Ford’s junk status Tuesday, replacing it with a designation of investment grade. Ford’s Read on! →


Automotive News reports that Ford Motor Co. will soon be in a position to improve its financial liquidity. The financially hamstrung automaker, which continues to reel from the effects of the auto industry bailouts, announced Thursday that it is expanding and extending its revolving credit facility. Ford’s aim is to improve its balance sheet totals Read on! →