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Automotive

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  • 27 Feb 2014
    • Outlook for auto manufacturers stable despite easing emerging markets demand
      We continue to have a stable outlook for the global automotive manufacturers, although demand in some emerging markets - particularly Brazil, Russia and India-is likely to ease. Growth in China and the slow recovery in Western Europe will offset some of the drop in demand... Press Release l Full Report
  • 20 Feb 2014
    • General Motors’ New Dividend Is Credit Negative for Automaker, Credit Neutral for GM Financial
      The restoration of General Motors’ dividend, its first since 2008, is credit negative because it will consume about $1.7 billion of cash annually. It is credit neutral for General Motors’ finance subsidiary because we do not expect the dividend’s reinstatement to have any effect on its capital plans… Press Release l Full Report
  • 4 Dec 2013
    • Global Automotive Manufacturers and Suppliers
      Our stable outlook for auto manufacturers reflects continued growth in light vehicle sales. We expect global demand growth to accelerate to 4.8% in 2014, up from 3.2% in 2013. We revised our forecast upward during the year, mainly because of higher-than-expected demand from China... Full Report
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