Summary: General Motors Co. - S&P Global Ratings’ Credit Research

Summary: General Motors Co.

Summary: General Motors Co. - S&P Global Ratings’ Credit Research
Summary: General Motors Co.
Published Nov 11, 2010
2894 words — Published Nov 11, 2010
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Abstract:

The rating on General Motors Co. reflects, among other factors: Standard&Poor's Ratings Services' expectation that GM can sustain its return to profitability in North America, even if EBIT margins do not improve significantly; The contribution from GM's market shares in the growth markets of Brazil (No. 3) and China (No. 1), where we expect sales to remain vibrant although potentially volatile; Our view that GM will continue to generate positive free operating cash flow (before any large voluntary pension contributions) in its global automotive operations; Our assumption that GM will use a portion of its substantial cash balances to address its massive unfunded global pension liabilities (underfunded in the U.S. by $17.1 billion as of the end of

  
Brief Excerpt:

RESEARCH Summary: General Motors Co. Publication date: 11-Nov-2010 Primary Credit Analyst: Robert Schulz, CFA, New York (1) 212-438-7808; robert_schulz@standardandpoors.com Secondary Contact: Dan Picciotto, CFA, New York (1) 212-438-7894;...

  
Report Type:

Summary

Issuer
General Motors Co.
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: General Motors Co." Nov 11, 2010. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-General-Motors-Co-831119>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: General Motors Co. Nov 11, 2010. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-General-Motors-Co-831119>
  
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