We are revising our business risk assessment of U.S.-based auto supplier TRW to "fair" from "weak," reflecting the company's solid competitive position in the evolving global automotive market and improved profitability. We are revising our 'BB+' rating outlook on TRW to positive from stable. The positive outlook reflects the potential for an upgrade within the next year if uncertainties are resolved regarding the ongoing European anti-trust investigation, the company's ability to navigate the very weak eurozone economy seems intact, and TRW's strategy for dealing with the 2014 debt maturities takes shape. NEW YORK (Standard&Poor's) April 16, 2012--Standard&Poor's Ratings Services today revised its rating outlook on Livonia, Mich.-based automotive product producer and supplier TRW Automotive Inc. The
