Fitch no longer reviewing GM for rating downgrade

Newswire

NEW YORK, Sept 26 (Reuters) - Fitch Ratings on Wednesday said it no longer has General Motors Corp and several of its auto suppliers under review for downgrade after the automaker tentatively agreed to a new contract with the United Auto Workers union, ending a two-day nationwide strike. "Fitch will review the terms of the new agreement, but does not anticipate an outlook revision or rating change as a result of the contract alone," Fitch said in a statement. Fitch rates GM "B," five ...

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