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IPFS News Link • Transportation

S&P cuts GM, Ford, Chrysler ratings lower into junk

07-31-2008 • Reuters

ratings cut for General Motors Corp , Ford Motor Co and Chrysler Automotive LLC to "B-minus," or six levels below investment grade, from "B." It also cut to "B-minus" from "B" the finance arms of Ford, Chrysler

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Reported By Ernest Hancock

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S&P cuts GM, Ford, Chrysler ratings lower into junk

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