Fitch Revises General Motors' Outlook to Positive; Upgrades General Motors Financial's IDR to 'BB+'

Newswire

(The following statement was released by the rating agency) CHICAGO, August 29 (Fitch) Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of General Motors Company (GM) and its General Motors Holdings LLC (GM Holdings) subsidiary at 'BB+'. Fitch has also upgraded the IDR of General Motors Financial Company, Inc. (GMF), GM's captive finance subsidiary, to 'BB+' from 'BB'. Fitch has revised the Rating Outlooks for GM and GM Holdings to Positive from Stable. GMF's ratings have ...

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