S&P revises GM outlook to positive on widening margins and cash flow
In short
S&P has officially altered its perspective on General Motors by updating the company's outlook. The ratings firm implemented the revision to positive to reflect its current credit evaluation of the automaker. This adjustment marks an updated view from the credit agency regarding General Motors.
Key points
- Credit assessment for General Motors has taken a favorable turn under S&P.: Credit assessment for General Motors has taken a favorable turn under S&P.
- The company now holds a positive outlook designated by the credit rating agency.: The company now holds a positive outlook designated by the credit rating agency.
- Market participants receive an updated positive signal regarding General Motors from S&P.: Market participants receive an updated positive signal regarding General Motors from S&P.