S&P expresses concern on Navistar’s turnaround

Disappointment surrounding Navistar’s recent Q2 financial results has been highlighted by the decision by Standard & Poor’s (S&P) to lower the truck OEM’s corporate credit rating to ‘B-‘ from ‘B’. The ratings agency has also noted: “We now consider the risk of an unsuccessful turnaround to be greater than we Subscribe to Automotive World to … Continued

Disappointment surrounding Navistar’s recent Q2 financial results has been highlighted by the decision by Standard & Poor’s (S&P) to lower the truck OEM’s corporate credit rating to ‘B-‘ from ‘B’. The ratings agency has also noted: “We now consider the risk of an unsuccessful turnaround to be greater than we

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https://www.automotiveworld.com/articles/sp-expresses-concern-on-navistars-turnaround/

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