Standard & Poor’s has made a one-notch upgrade to the rating of American Axle, to B-, taking it out of highly speculative territory. The ratings agency cites the supplier’s recently-announced improved Q4 2009 operating results and liquidity. The view is now stable. In early February 2010, American Axle announced Q4 2009 Subscribe to Automotive World … Continued
Standard & Poor’s has made a one-notch upgrade to the rating of American Axle, to B-, taking it out of highly speculative territory. The ratings agency cites the supplier’s recently-announced improved Q4 2009 operating results and liquidity. The view is now stable.
In early February 2010, American Axle announced Q4 2009
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/80872-us-s-p-upgrades-american-axle/
Join our LinkedIn Group
Let us help you understand the future of mobility
