US: Analyst says GM should have made GMAC investment-grade rating mandatory
General Motors - which on Monday announced the sale of 51% of its auto financing arm GMAC to Cerberus Capital Management - should have made getting an investment-grade rating for GMAC mandatory, according to UBS, The Associated Press reported.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable