This poor financial performance heightens concerns about the company's ability to effect a timely turnaround in its critical North American operations, |
Under certain circumstances, G.M.A.C. could act to curtail its funding support of G.M.'s marketing operations, precipitating potential problems for G.M.. |
We are still nervous about our ratings, even at the reduced levels. |
We believe soaring gasoline prices after Hurricanes Katrina and Rita are leading to an accelerating decline in demand for S.U.V.'s, ... disproportionate reliance on S.U.V.-related earnings. |
We expect Ford to eventually reach an agreement with the United Auto Workers union similar to that announced by General Motors Corp. that could result in a substantial reduction of Ford's burdensome health care costs in the long term. |
We haven't factored anything into the rating (but) it's worth monitoring closely. It's a big unknown. |
We take very seriously Delphi's threat to file for bankruptcy by October 17, |
We take very seriously Delphi's threat to file for bankruptcy by October 17. If Delphi files for bankruptcy, we couldn't rule out a ratings change (for GM). |
We would view that as highly optimistic. |