General Motors Co. And Subsidiary Outlook Revised To Positive On Improving Profitability, 'BBB-' Ratings Affirmed - S&P Global Ratings’ Credit Research

General Motors Co. And Subsidiary Outlook Revised To Positive On Improving Profitability, 'BBB-' Ratings Affirmed

General Motors Co. And Subsidiary Outlook Revised To Positive On Improving Profitability, 'BBB-' Ratings Affirmed - S&P Global Ratings’ Credit Research
General Motors Co. And Subsidiary Outlook Revised To Positive On Improving Profitability, 'BBB-' Ratings Affirmed
Published Apr 27, 2016
4 pages (1574 words) — Published Apr 27, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

General Motors Co.'s operational performance continues to support improving overall automotive cash flow and profitability. We are revising our outlook on General Motors Co. (GM) and its subsidiary General Motors Financial Co. Inc. (GMF) to positive from stable and are affirming our 'BBB-' ratings on both companies. The positive outlook reflects the increased likelihood that we could upgrade GM within the next 12 months given its improved track record of operational execution and very strong credit metrics, albeit amidst generally favorable industry conditions. NEW YORK (Standard&Poor's) April 27, 2016--Standard&Poor's Ratings Services today said that it has revised its outlook on Detroit-based automaker General Motors Co. and its subsidiary General Motors Financial Co. Inc. (which we deem

  
Brief Excerpt:

...+ General Motors Co.'s operational performance continues to support improving overall automotive cash flow and profitability. + We are revising our outlook on General Motors Co. (GM) and its subsidiary General Motors Financial Co. Inc. (GMF) to positive from stable and are affirming our '###-' ratings on both companies. + The positive outlook reflects the increased likelihood that we could upgrade GM within the next 12 months given its improved track record of operational execution and very strong credit metrics, albeit amidst generally favorable industry conditions. NEW YORK (Standard & Poor's) April 27, 2016--Standard & Poor's Ratings Services today said that it has revised its outlook on Detroit-based automaker General Motors Co. and its subsidiary General Motors Financial Co. Inc. (which we deem a core subsidiary) to positive from stable and affirmed its '###-' ratings on both companies. All of our other ratings on both companies are unchanged. "The outlook revision reflects our belief...

  
Report Type:

Ratings Action

Issuer
General Motors Co.
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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. "General Motors Co. And Subsidiary Outlook Revised To Positive On Improving Profitability, 'BBB-' Ratings Affirmed" Apr 27, 2016. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/General-Motors-Co-And-Subsidiary-Outlook-Revised-To-Positive-On-Improving-Profitability-BBB-Ratings-Affirmed-1624562>
  
APA:
S&P Global Ratings’ Credit Research. (). General Motors Co. And Subsidiary Outlook Revised To Positive On Improving Profitability, 'BBB-' Ratings Affirmed Apr 27, 2016. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/General-Motors-Co-And-Subsidiary-Outlook-Revised-To-Positive-On-Improving-Profitability-BBB-Ratings-Affirmed-1624562>
  
US$ 150.00
$  £  €
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.