© 2024 MICHIGAN PUBLIC
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Howes: Bad decisions in global markets earn Ford a low investment ranking

old school Ford logo
James & Carol Lee
/
Unsplash

Ford Motor Company got some troubling news this week from Moody's Investors Service.

It has downgraded Ford's investment rating to just one level above junk status. To Moody's, this signifies the chance of default.

Detroit News business columnist Daniel Howes joined Stateside to breakdown Ford’s troubles in global markets.

“They have to fix these regions,” Howes said, “or they have to leave them altogether.”

Listen above to hear Howes discuss why Ford’s international standing is weakening, and how its competitor GM is performing post-bankruptcy.

(Subscribe to the Stateside podcast on iTunesGoogle Play, or with this RSS link)

Stateside is produced daily by a dedicated group of producers and production assistants. Listen daily, on-air, at 3 and 8 p.m., or subscribe to the daily podcast wherever you like to listen.
Related Content