S&P

GM says ratings upgrade will aid lending arm, support global sales push

12:34 am U.S. ET | Sept. 26, 2014
GM plans to leverage its return to investment grade, which could lower borrowing costs, by strengthening its lending arm, CFO Chuck Stevens said. GM was forced to sell control of its former GMAC lending arm to raise money, and it now has a smaller, more strategic, finance unit that is getting stronger....
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Tesla bonds get 'junk' rating from S&P

May 29, 2014 06:01 CET
Tesla's bonds were assigned a B- rating, or “junk” status from bond raters at Standard & Poor's. Companies are given junk-bond ratings when Wall Street determines there is an increased possibility of default....
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Tesla bonds assigned 'junk' status by S&P

5:06 pm U.S. ET | May 27, 2014
Tesla received a far less rousing recommendation from bond raters at Standard & Poor's Corp. -- which assigned the electric-vehicle maker a B- rating, or “junk” status....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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