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....
Read More »

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....
Read More »

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....
Read More »

Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
» Watch the Video
     
News by Brand