LONDON, Oct 27 (Reuters) - The cost of insuring against a default by General Motors Corp. rose on Thursday in Europe after Asian markets were unsettled by news that the U.S. Securities and Exchange Commission had subpoenaed the company as part of a probe into accounting. The news led to speculation in Asia, which dealers in Europe said they did not believe, that GM could file for Chapter 11 bankruptcy protection. A spokesman for GM Europe in Zurich declined to comment directly on the ...
Premium Content (PAID Subscription Required)
"GM default swaps widen as SEC subpoena sparks fears" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.