TEXT - S&P cuts Piaggio &C. SpA rating to 'BB-'


(The following statement was released by the rating agency) Overview -- The Italian manufacturer of scooters, motorcycles, and light transportation vehicles, Piaggio &C. SpA, has announced a decrease in revenues and an increase in reported debt for the first nine months of 2012. -- We think that credit metrics for Piaggio will not be commensurate with a 'BB' rating at year-end 2012 and that they are unlikely to recover in 2013. -- We are lowering the long-term corporate ...

Premium Content (PAID Subscription Required)

"TEXT - S&P cuts Piaggio &C. SpA rating to 'BB-'" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×