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Automakers on the brink

 by Hardeep Dhillon

The credit markets received 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.

DaimerChrysler’s woes continued last month as its ratings slid out to BBB with a negative outlook from S&P, while Ford’s BBB rating was put on review for downgrade. General Motors

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