Motors Liquidation Company http://www.alacrastore.com/company-snapshot/Motors_Liquidation_Company-1006942 08 Nov 2009 03:51:16 EST 1006942 Motors Liquidation Company en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/moodys-global-credit-research-More_Funding_for_GMAC_Promises_Little_Relief_for_GM-PBC_121096PBC_121096moodys/PBC_121096pdf06 Nov 2009 08:14:20 ESTpdfGeneral Motors CorporationGMAC Inc.General Motors Corporation; GMAC Inc.316500316500317000550.000006 Nov 2009SpecialReportSpecial CommentM...GMAC is reportedly in talks with the U.S. Treasury Department to receive another loan from the Troubled Asset Relief Program (TARP) ranging from $#.# billion to $#.#. In isolation, this capital injection would be an indirect credit positive for General Motors Corporation (GM) whose rating we withdrew in July following its bankruptcy reorganization. The incremental funding from the U.S. government should enhance GMAC's ability to offer financing to prospective buyers of GM vehicles, which will be critical if GM is to derive benefit from any upturn in U.S. auto sales in ####. However, the infusion will do little to address the competitive gap that exists between GM and its primary competitor, Ford Motor Company (B# CFR, stable outlook). We believe that both GM and Chrysler continue to suffer from weaker product line-ups than Ford. Even with the benefit of increased sales finance support from GMAC (which provides sales finance for both GM and Chrysler products), we believe GM will be challenged... 1013101410151016101710181019102010211022102310241042104320580206402079031650031655031657031658031658531680031690031700032400462300600008077600008737600008922600008998600009349600011059600015963600016925600022135600022624600023230600035320600035322600044538600053801600061600600066444781250806766888806888753807995123808156080809398269809492283878UNITED STATESFINANCEINDUSTRIAL316500317000Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/creditsights-GMAC_Ratings_Affirmed_by_Moody_s_ResCap_Stable-9073790737cs/90737normWWTemplateklanspageneral_motorsgmacresidential_capitalgmacresidential_capitalgeneral_motors9073703 Nov 2009 03:09:23 ESTYes90737150CreditSights Incunited_statesunited_statesequip_fin_leasefinancial_servicesmanufacturingspecialty_financeequip_fin_leasefinancial_servicesmanufacturingspecialty_financePublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching255 GMAC: Ratings Affirmed by Moody's, ResCap Stable GMAC (Ca▲/CCC*) continues to remain on review for possible upgrade by Moody's. GMAC's rating was upgraded to Ca and placed on review for upgrade on June ##, ####. Additionally,...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-GMAC_Bailout_May_Be_Smaller_Than_Projected-9056490564cs/90564normWWTemplategeneral_motorsgmacgmacgeneral_motors9056429 Oct 2009 11:09:39 ESTYes90564150CreditSights Incunited_statesunited_statesequip_fin_leasefinancial_servicesmanufacturingspecialty_financeequip_fin_leasefinancial_servicesmanufacturingspecialty_financePublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching117 GMAC: Bailout May Be Smaller Than Projected GMAC is expected to require a smaller bailout than originally expected, according to U.S. Treasury Secretary Timothy Geithner. Geithner, speaking to the House Financial Services Committee,...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-GMAC_Government_Bailout_Round_3-9048890488cs/90488normArticleTemplateGMAC is in talks with the US government for an additional $2.8 to $5.6 billion capital infusion. The big question in our book is what, if any, strings will be tied to more government fundsasteerdhendlergeneral_motorsgmacgmacgeneral_motors9048828 Oct 2009 11:08:51 ESTYes90488150CreditSights Incunited_statesunited_statesequip_fin_leasefinancial_servicesmanufacturingspecialty_financeequip_fin_leasefinancial_servicesmanufacturingspecialty_financePublishedhigh_yieldhigh_yieldCompanyCommentCompany Analysis1158 GMAC: Government Bailout Round #? GMAC is in talks with the US government for an additional $#.# to $#.# billion capital infusion The big question in our book is what, if any, strings will be tied to more government funds There was...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/PR_188717_96038PR_188717_96038moodys/PR_188717_96038html20 Oct 2009 04:34:15 ESThtmlBayerische Motoren Werke AktiengesellschaftChrysler LLCDaimler AGFiat S.p.A.Ford Motor CompanyGeneral Motors CorporationHonda Motor Co., Ltd.Hyundai Motor CompanyKia Motors Corp.Nissan Motor Company (Parent)Peugeot S.A.Renault S.A.Tata Motors LimitedToyota Motor CorporationVolkswagen AktiengesellschaftBayerische Motoren Werke Aktiengesellschaft; Chrysler LLC; Daimler AG; Fiat S.p.A.; Ford Motor Company; ...146500219700258627775029850031650037526055055060001925963950268660075685082032765882690096038150.000019 Oct 2009NewsAnnouncementCGlobal Credit Research Announcement ## OCT #### Announcement: Bayerische Motoren Werke Aktiengesellschaft Moody's revises Global Automotive Manufacturers' Industry Outlook to stable Frankfurt, October ##, #### -- Moody's Investors...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/creditsights-GMAC_To_Sell_Property_Casualty_Insurance_Unit-9001790017cs/90017normWWTemplategeneral_motorsgmacgmacgeneral_motors9001719 Oct 2009 11:09:37 ESTYes90017150CreditSights Incunited_statesunited_statesequip_fin_leasefinancial_servicesmanufacturingspecialty_financeequip_fin_leasefinancial_servicesmanufacturingspecialty_financePublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching106 GMAC: To Sell Property-Casualty Insurance Unit GMAC (Ca▲/CCC*) announced that it plans to sell its property-casualty insurance unit to American Capital Acquisition. The purchased unit would include GMAC's U.S. consumer operations...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Sept_Auto_Sales_Clunker_Syndrome_Cannibal_Effect-8943589435cs/89435normArticleTemplateSeptember sales results were as weak as expected as the industry feels the clunkers payback. The bigger macro questions around the protracted dampening effect on consumer demand from the crisis will still take some months to sort out.greynoldshanandjpoehlingdaimlerfordgeneral_motorshonda_motorhyundai_motorkianissan_motortoyotadaimlerfordgeneral_motorshonda_motorhyundai_motorkianissan_motortoyota8943502 Oct 2009 03:08:07 ESTYes89435150CreditSights Incautomotiveautos_oemsautos_suppliersmanufacturingautos_oemsautomotiveautos_suppliersmanufacturingPublishedUSAutoSalesUS Auto Sales2979 Sept Auto Sales: Clunker Syndrome, Cannibal Effect September auto sales volumes dropped into the low-# million unit range as broadly expected, but the silver lining for the industry is that #Q## is still the strongest performance of...american_axle_manufacturing_holdingsbmwdaimlerdelphifiatfordford_motor_credit_companygeneral_motorsgmachonda_motorlearnissan_motorporschepsarenaultshurgard_storagetoyotavaleovisteonvolkswagenCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-GMAC_Forms_Correspondent_Community_Bank_Team-8923089230cs/89230normWWTemplategeneral_motorsgmacgmacgeneral_motors8923028 Sep 2009 03:10:19 ESTYes89230150CreditSights Incunited_statesunited_statesequip_fin_leasefinancial_servicesmanufacturingspecialty_financeequip_fin_leasefinancial_servicesmanufacturingspecialty_financePublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching100 GMAC: Forms Correspondent Community Bank Team GMAC (Ca▲/CCC*) announced that its Correspondent and Warehouse Lending division of Ally Bank has formed a Correspondent Community Bank unit. The team looks to purchase residential...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-GMAC_Expands_Leasing_Options_to_Chrysler-8890688906cs/88906normWWTemplateasteergmacgeneral_motors8890617 Sep 2009 03:10:04 ESTYes88906150CreditSights Incunited_statesfinancial_servicesequip_fin_leasemanufacturingspecialty_financePublishedhigh_yieldWorthWatchingWorth Watching115 GMAC: Expands Leasing Options to Chrysler GMAC (Ca▲/CCC*) announced that it has expanded its availability of leasing options to include Chrysler vehicles.  GMAC had previously reinitiated its leasing program for GM vehicles in...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Autos_and_Manufacturing_Short_Interest_1H_Aug_09-8881488814cs/88814normArticleTemplateSI was evenly split with half of the names recording declines and half recording increases in short interest levels. Top 10 list was largely unchanged and saw only one addition as ROK fell out of the list and was replaced by AGCO.jpoehlingkreganhanandgreynoldshyundai_motorkiageneral_motorsfordnissan_motoramerican_axle_manufacturing_holdingstoyotahonda_motornavistarwhirlpoolbrunswickharley_davidsonarvinmeritorjohnson_controlsborgwarnergoodyearpaccarcooper_tire_rubber8881414 Sep 2009 11:10:27 ESTYes88814150CreditSights Inccapital_goodsmanufacturingconglomeratesautomotivePublishedhigh_yieldbankruptcyManufacturingShortInterestAutos & Manufacturing Short Interest1492 Autos and Manufacturing Short Interest: #H Aug '## Short sellers at least sequentially picked up the tempo again on selling into a rally which saw the S&P ### return +#.#% as short levels rose in half names covered in this report. ...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Auto_Suppliers_Volume_Pain_EU_Fears_Emerging_Market_Glow_Dims-7609176091cs/76091normArticleTemplateThe wave of earnings and guidance to date out of the lead Tier 1 suppliers show the volume-related stress and sends definite signs of weakness in former growth markets. Still, short of the financial meltdown reflected in pricing.greynoldshanandjpoehlingtrw_automotivevisteontenneco_automotivelearamerican_axle_manufacturing_holdingsjohnson_controlsautolivborgwarnerdaimlergeneral_motorsfordse7609114 Sep 2009 12:10:12 ESTYes76091150CreditSights Incafricaunited_stateslatin_americaeuropeasia_ex_japanmid_eastautos_suppliersautomotivemanufacturingconglomeratesPublishedemerging_marketshigh_yieldeuro_markets_issuerscompanies_withnvertiblesSectorCommentSector Article2415 Auto Suppliers: Volume Pain, EU Fears, Emerging Market Glow Dims The lead Tier # OE suppliers show the wear and tear of the brutally unfavorable volume variances as the former high growth regions also show a stall in demand trends....Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/PBC_120025PBC_120025moodys/PBC_120025pdf14 Sep 2009 08:16:06 ESTpdfGeneral Motors CorporationGeneral Motors Corporation316500150.000013 Sep 2009NewsIssuer CommentM...September #### Issuer Comment Moody's Corporate Finance ­ GM's Sale of Opel: Making the Best of a Bad Situation Issuer Comment Moody's Corporate Finance... Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/creditsights-GM_Opel_Falls_in_MGA_8217_s_Lap-8869888698cs/88698normWWTemplatehanandgeneral_motorsmagnagmacrude8869810 Sep 2009 11:10:00 ESTYes88698150CreditSights Inceuropecanadaunited_statesautos_oemsmanufacturingautomotiveautos_suppliersPublishedhigh_yieldcompanies_withnvertibleseuro_markets_issuersWorthWatchingWorth Watching309 GM: Opel Falls in MGA’s Lap GM : After signing a non-binding memorandum of understanding with MGA and Sberbank nearly four months ago, GM continued to explore alternative options for its key Opel/Vauxhall operations, which included...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Russian_Auto_Sales_Down_54_AEB_Lowers_Guidance-8859588595cs/88595normWWTemplatebstudiosopsafordrenaultgeneral_motorsvolkswagenford_motor_credit_companyrufr8859509 Sep 2009 03:11:03 ESTYes88595150CreditSights Inceuropeunited_statesautomotivemanufacturingautos_oemsPublishedeuro_markets_issuerscompanies_withnvertibleshigh_yieldWorthWatchingWorth Watching340 Russian Auto Sales: Down ##%, AEB Lowers Guidance Russian Auto Sales  for the month of August were down ##% year over year, as the region posts its fifth straight month of ##+% year over year declines. Year to date, the YoY decline...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-US_August_Auto_Sales_Where_To_From_Here-8849688496cs/88496normArticleTemplateCARS Program performed better than expected despite admin mismanagement that frustrated dealers. CARS drove Aug SAAR rates to mid-14 range, cleared inventories, and boosted production schedules. Still a very rough wrap to FY09 lies ahead.hanandjpoehlinggreynoldshyundai_motorkiahonda_motordaimlerfordnissan_motortoyotageneral_motors8849602 Sep 2009 07:14:00 ESTYes88496150CreditSights IncautomotivebanksmanufacturingPublishedbankruptcyUSAutoSalesUS Auto Sales2779 US August Auto Sales: Where To From Here? The CARS program overall performed better than initial expectations and provided industry vehicle sales a significant boost in the month of August to reach SAAR levels of mid-## mm units. Overall...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-GMAC_2Q09_Tearsheet-8562385623cs/85623normTearsheetTemplatedhendlerasteergmacgeneral_motors8562328 Aug 2009 02:09:36 ESTYes85623150CreditSights Incunited_statesfinancial_servicesequip_fin_leasemanufacturingspecialty_financePublishedhigh_yield GMAC #Q## Tearsheet GMAC's rating trends are positive, as the company had its senior unsecured rating raised to Ca from C by Moody's Investors Service in June.  In addition, Moody's placed the company on review for possible upgrade. ...TearsheetTearsheet925Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-American_Axle_Beyond_the_Binary_Event-8808988089cs/88089normWWTemplatejpoehlingamerican_axle_manufacturing_holdingsgeneral_motors8808919 Aug 2009 03:08:00 ESTYes88089150CreditSights Incunited_statesconglomeratesmanufacturingautos_suppliersautomotivePublishedbankruptcyhigh_yieldcompanies_withnvertiblesWorthWatchingWorth Watching702 American Axle: Beyond the Binary Event American Axle (Ca/CCC+) : After paying its coupon last week, American Axle brought even better news this week as it announced an agreement with General Motors that could provide up to $### million...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-UK_Auto_Sales_July_Sales_Rise_2_4-8755087550cs/87550normWWTemplatefiatvolkswagenrenaultpsafordgeneral_motorsit8755006 Aug 2009 07:09:24 ESTYes87550150CreditSights Inceuropeautomotivemanufacturingautos_oemsPublishedhigh_yieldeuro_markets_issuersWorthWatchingWorth Watching455 UK Auto Sales: July Sales Rise #.#% UK Auto Sales : UK new car registrations rose #.#% as the scrappage program kicks in and generates the first month of positive growth since April ####. Scrappage programs continue to drive improvements...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-GMAC_2Q09_Earnings_Fat_Lady_Singing_for_ResCap-8744787447cs/87447normArticleTemplateGMAC reported a net loss for the quarter, as results continue to be weighed down by weakness in the auto business. We believe ResCap's days are numberedasteerdhendlernew_analystgmacgeneral_motorsresidential_capital8744705 Aug 2009 03:10:00 ESTYes87447150CreditSights Incunited_statesfinancial_servicesmanufacturingspecialty_financeequip_fin_leasePublishedearningshigh_yieldEarningsNoteEarnings Note2920 GMAC: #Q## Earnings, Fat Lady Singing for ResCap? GMAC reported a net loss for the quarter, as results continue to be weighed down by weakness in the auto business Asset quality in both the mortgage and auto book remains a significant...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-US_July_Auto_Sales_Pent_Up_or_Pull_Forward_Demand-8739387393cs/87393normArticleTemplateCARS program helped push SAAR rates into double-digit territory and that will boost production rates higher in the second half despite the debate over whether the program is cannibalizing future demand or reflecting hints of pent-up demand.hanandjpoehlinggreynoldsgeneral_motorshonda_financetoyota_motor_creditnissan_motorkiahyundai_motorford_motor_credit_companyhonda_motorfordnissan_financetoyotadaimlergmac8739304 Aug 2009 03:09:00 ESTYes87393150CreditSights Incunited_statesautos_oemsmanufacturingautomotivePublishedcompanies_withnvertibleseuro_markets_issuershigh_yieldUSAutoSalesUS Auto Sales2448 US July Auto Sales: Pent-Up or Pull-Forward Demand US industry auto SAAR rates in July increased to the ## million range, highest in the year so far, as demand benefits from the much-anticipated Cash-For-Clunkers (aka CARS) program....Credit & Investment ResearchCreditSights