TEXT-S&P report on N. American auto suppliers


(The following statement was released by the rating agency) June 22 - In just one year, the financial performance of the rated North American auto suppliers has improved dramatically, according to a report just published on RatingsDirect. In The Worst Appears Over For North American Auto Suppliers, But Competition Remains Tough, Standard & Poor's Ratings Services said it believes the auto suppliers' increased profitability, positive free operating cash flow, and improved liquidity ...

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