US: GM’s CEO eyes investment grade within 12 months

Dan Akerson, GM's Chief Executive Officer, has expressed optimism that the OEM can regain its investment grade credit rating within the next 12 months, something achieved by rival Ford in April 2012, courtesy of a Fitch Ratings upgrade. GM was given junk status by ratings agencies in 2005. Standard & Poor's Subscribe to Automotive World … Continued

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• May 18, 2012