TEXT-S&P revises Tower Automotive outlook to negative

Newswire

(The following statement was released by the rating agency) NEW YORK, March 31 - Standard & Poor's Ratings Services said today that it revised its outlook on Tower Automotive Inc. to negative from stable due to the expectation that difficult industry conditions will delay improvement of the company's financial profile. The 'BB' corporate credit rating on the Grand Rapids, Mich.-based company was affirmed. Tower, a supplier of automotive structural components and assemblies, has total ...

Premium Content (PAID Subscription Required)

"TEXT-S&P revises Tower Automotive outlook to negative" 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) ×