DaimlerChrysler AG Outlook Revised To Positive; 'BBB/A-2' Ratings Affirmed - S&P Global Ratings’ Credit Research

DaimlerChrysler AG Outlook Revised To Positive; 'BBB/A-2' Ratings Affirmed

DaimlerChrysler AG Outlook Revised To Positive; 'BBB/A-2' Ratings Affirmed - S&P Global Ratings’ Credit Research
DaimlerChrysler AG Outlook Revised To Positive; 'BBB/A-2' Ratings Affirmed
Published Aug 04, 2006
Published Aug 04, 2006
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

FRANKFURT (Standard&Poor's) Aug. 4, 2006--Standard&Poor's Ratings Services said today that it revised its outlook on Germany-based automaker DaimlerChrysler AG and related entities to positive from stable. At the same time, the 'BBB' long- and 'A-2' short-term corporate credit ratings were affirmed. "The outlook revision acknowledges the structural improvements DaimlerChrysler has been making in its core activity, the Mercedes Car Group (MCG), which has successfully been tackling its quality problems and is in the process of balancing its loss-making smart brand," said Standard&Poor's credit analyst Maria Bissinger. Standard&Poor's considers that MCG is on track to reach its 2007 operating-profit target of 7% return on sales. This would correspond to an operating profit in

  
Report Type:

Ratings Action

Ticker
DAI@GR
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "DaimlerChrysler AG Outlook Revised To Positive; 'BBB/A-2' Ratings Affirmed" Aug 04, 2006. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/DaimlerChrysler-AG-Outlook-Revised-To-Positive-BBB-A-2-Ratings-Affirmed-524764>
  
APA:
S&P Global Ratings’ Credit Research. (). DaimlerChrysler AG Outlook Revised To Positive; 'BBB/A-2' Ratings Affirmed Aug 04, 2006. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/DaimlerChrysler-AG-Outlook-Revised-To-Positive-BBB-A-2-Ratings-Affirmed-524764>
  
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