Chrysler outlook raised to positive from stable by S&P

Newswire

April 30 (Reuters) - Chrysler Group LLC may get an upgrade in its credit rating in the next 12 months, said Standard and Poor's on Tuesday, which raised Chrysler's outlook to "positive" from "stable." S&P changed its outlook to positive despite Monday's reporting by Chrysler of a 65 percent fall in first quarter profit. Chrysler's corporate credit rating of B+ was unchanged and it could rise if its stand-alone performance continues to improve, S&P said, ...

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