Moody’s upgrades U.S. automakers, suppliers

Nov 01, 2011 | 09:43 AM | Corinna Petry

Tags  General Motors, Ford Motor, Daimler, American Axle & Manufacturing, Faurecia, Moody's Investors Service, credit ratings, corinna petry

CHICAGO — Moody’s Investors Service has raised ratings on two U.S. automakers, and set ratings for a German automaker and two Tier I suppliers.

Moody’s raised General Motors Co.’s corporate family rating and probability of default rating to Ba1 from Ba2, and its secured credit facility rating to Baa2 from Baa3.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results