S&P may cut six auto suppliers on Chrysler bankruptcy


NEW YORK, April 30 (Reuters) - Standard & Poor's on Thursday said it may cut ratings on six North American auto suppliers after Chrysler LLC's filing for Chapter 11 bankruptcy protection. The six auto suppliers are Harman International Industries , Johnson Controls Inc , Magna International , Shiloh Industries Inc , Stoneridge , and TRW Automotive Inc . The possible downgrades reflect "multiple scenarios--almost all of them negative--that could play out over the next few months ...

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