Bulletin: General Motors Co. Profits Could Fall Sharply In A Long UAW Strike; Liquidity Remains Strong For Now - S&P Global Ratings’ Credit Research

Bulletin: General Motors Co. Profits Could Fall Sharply In A Long UAW Strike; Liquidity Remains Strong For Now

Bulletin: General Motors Co. Profits Could Fall Sharply In A Long UAW Strike; Liquidity Remains Strong For Now - S&P Global Ratings’ Credit Research
Bulletin: General Motors Co. Profits Could Fall Sharply In A Long UAW Strike; Liquidity Remains Strong For Now
Published Sep 18, 2019
3 pages (1495 words) — Published Sep 18, 2019
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Abstract:

NEW YORK (S&P Global Ratings) Sept. 18, 2019--S&P Global Ratings said today that although General Motors Co. remains solidly positioned for the current 'BBB/Stable/--' rating, the present United Auto Workers (UAW) strike limits potential upside for the rating in the near term and could introduce additional downside risks if the strike were to prolong beyond two weeks. On Sept. 15, 2019, the UAW declared a national strike on General Motors, the first since 2007, because of a lack of an agreement over wages, benefits, future product allocations, job security and temporary workers. The strike affects over 30 U.S. manufacturing plants, including 12 vehicle assembly plants and eight engine and transmission plants. If the strike persists for more than a week,

  
Report Type:

Bulletin

Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: General Motors Co. Profits Could Fall Sharply In A Long UAW Strike; Liquidity Remains Strong For Now" Sep 18, 2019. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-General-Motors-Co-Profits-Could-Fall-Sharply-In-A-Long-UAW-Strike-Liquidity-Remains-Strong-For-Now-2302085>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: General Motors Co. Profits Could Fall Sharply In A Long UAW Strike; Liquidity Remains Strong For Now Sep 18, 2019. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-General-Motors-Co-Profits-Could-Fall-Sharply-In-A-Long-UAW-Strike-Liquidity-Remains-Strong-For-Now-2302085>
  
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