Autos on the slippery slope



The credit markets got a slap in the face in October after the decision by Standard & Poor’s to review the auto sector halted a three-month rally and spooked investors whose cups were overrunning with auto paper.

DaimlerChrysler’s woes continued last month as its ratings slid out to BBB with a negative outlook from Standard & Poor’s, while Ford’s BBB rating was put on review for downgrade. General Motors escaped any negative action as its ratings were affirmed at BBB.

Auto analysts were critic

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: