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AD.COM - GM, GMAC Downgraded by Moody's, Emergency Fix Needed [Archive] - Auto Industry Forum

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View Full Version : AD.COM - GM, GMAC Downgraded by Moody's, Emergency Fix Needed


AutomotiveDigest
04-12-2005, 02:29 PM
Summary:

"Moving more in line with Standard & Poors and Fitch, Moody's has lowered General Motors' debt rating to Baa3 and GMAC's to Baa2. The downgrade is an indication of "long term challenges" in GM's operations."

To view full Digest, visit: http://www.automotivedigest.com/view_art.asp?articlesID=15380

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