Friday, September 22, 2006
Mustang
Sept. 22 (Bloomberg) -- Carlos Ghosn's Renault SA and Nissan Motor Co. may resume talks with Ford Motor Co. as prospects fade for an equity alliance linking Renault and Nissan with General Motors Corp., two people with direct knowledge of the discussions said.
Moody's, S and P cut Ford's rating deeper into junk
Ratings agencies Standard and Poor's and Moody's cut Ford Motor Co.'s credit rating deeper into junk status.
John Bond to serve as consultant to Ford's chairman
DETROIT - Ford Motor Co. will pay Director John Bond $25,000 a day to be a consultant to Chairman William Clay Ford Jr. at a time when the auto maker is going through a massive restructuring.