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Capex constraints to slow wave of credit upgrades

EY cautions that there will likely be a pause in the upward movement of credit ratings because of the constraints on capex

The need for automotive companies to meet tightening regulations and introduce new technologies poses challenges that will persist into 2016. For both vehicle manufacturers and suppliers alike, these demands means higher capex.

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https://www.automotiveworld.com/articles/capex-constraints-slow-wave-credit-upgrades/

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