S&P raises Fiat rating; investment grade on horizon

Newswire

NEW YORK, May 31 (Reuters) - Standard & Poor's on Thursday raised its ratings on Fiat SpA and left its outlook at positive, indicating the Italian car maker may be poised to attain investment grade ratings over the next two years. S&P raised Fiat's corporate credit rating by one notch to "BB-plus," one level below investment grade, from "BB." "The upgrade and maintenance of a positive outlook reflect Fiat's continued improvements in profitability and cash flow generation over the ...

Premium Content (PAID Subscription Required)

"S&P raises Fiat rating; investment grade on horizon" 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.

Sponsored Introduction Continue on to (or wait seconds) ×