US: Moody’s raises outlook on US suppliers

Moody's Investors Service has revised its outlook for US automotive suppliers to positive from stable, citing growing demand for vehicle parts as sales rise in a recovering economy. The outlook expresses Moody's expectations for fundamental credit conditions in the industry over the next 12 to 18 months. Moody's revised upward its Subscribe to Automotive World … Continued

• By Webmaster
• June 9, 2010