Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM - S&P Global Ratings’ Credit Research

Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM

Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM - S&P Global Ratings’ Credit Research
Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM
Published Oct 13, 2008
549 words — Published Oct 13, 2008
Price Free  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Oct. 13, 2008--Standard&Poor's Ratings Services said today that its ratings on U.S. automaker Chrysler LLC (CCC+/Negative/--) and finance affiliate DaimlerChrysler Financial Services Americas LLC (CCC+/Negative/--) were not immediately affected by various published reports that have discussed talks being held about a merger or partnership between Chrysler and General Motors Corp. (GM) (B-/Watch Neg/--). Nissan Motor Co. Ltd. (BBB+/Stable/A-2) and Renault S.A. (BBB+/Negative/A-2)--foreign automakers with a successful existing alliance--have also been reported to be talking with Chrysler. Our most serious concerns regarding Chrysler are more immediate: the pressure on the company's liquidity during 2009 from the rapidly weakening state of most global automotive markets and the constrained state of the capital markets. We believe

  
Brief Excerpt:

RESEARCH Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM Publication date: 13-Oct-2008 Primary Credit Analyst: Robert Schulz, CFA, New York (1) 212-438-7808; robert_schulz@standardandpoors.com Secondary...

  
Report Type:

Bulletin

Ticker
3318058Z
Issuer
FCA US LLC
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM" Oct 13, 2008. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Chrysler-LLC-Ratings-Unchanged-Amid-Reports-Of-Possible-Alliance-With-GM-676464>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Chrysler LLC Ratings Unchanged Amid Reports Of Possible Alliance With GM Oct 13, 2008. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Chrysler-LLC-Ratings-Unchanged-Amid-Reports-Of-Possible-Alliance-With-GM-676464>
  
Free
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.