SAO PAULO – Standard and Poor's downgrading of General Motors Corp. and Ford Motor Co. bonds to junk level is not expected to have a significant impact on Brazilian government bonds, at least not in the short term. “The impact was small because it was expected, and the market had already priced down the auto makers' securities,” says Maristella Ansanelli, head economist of Banco Fibra. “Corporate bonds and bonds of emerging countries do not compete for the same type of investor ...

Premium Content (PAID Subscription Required)

"Brazil Sees No Impact From GM, Ford Downgrades" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.