• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Issuer Ranking: Global Auto Suppliers And Auto Retailers, Strongest To Weakest Jan 10 Product Image

Issuer Ranking: Global Auto Suppliers And Auto Retailers, Strongest To Weakest Jan 10

  • ID: 1785884
  • January 2010
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • Affinia Group Inc.
  • Bridgestone Corp.
  • Denso Corp.
  • Group 1 Automotive Inc.
  • Magna International Inc.
  • Sonic Automotive Inc.
  • MORE

Abstract
As 2010 begins, Standard & Poor's Ratings Services believes the rated companies that depend on the automotive sector--directly or indirectly--will remain under financial pressure. But we also believe many rated auto suppliers have fair prospects for improving their financial results in 2010, continuing a trend that began for some with the third-quarter 2009 earnings season. In our opinion, a slow recovery in auto sales, increased vehicle production, and the capital markets' improved appetite for auto and auto supplier risk supports this view. Evolving automaker strategies will eventually present opportunities for well-positioned suppliers. But in 2010, the most significant catalyst for improving auto supplier financial health will be the extent of improvement in production volumes. For example, we believe the global...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

Note: Product cover images may vary from those shown

- Cooper Tire & Rubber Co.
- Dana Holding Corp.
- Federal-Mogul Corp.
- The Goodyear Tire & Rubber Co.
- Johnson Controls Inc.
- Robert Bosch GmbH
- Exide Technologies
- Denso Corp.
- Lear Corp.
- Harman International Industries Inc.
- Hayes Lemmerz International Inc.
- Magna International Inc.
- BorgWarner Inc.
- Penske Automotive Group Inc.
- FleetPride Corp.
- Sonic Automotive Inc.
- Group 1 Automotive Inc.
- Stoneridge Inc.
- American Axle & Manufacturing Holdings Inc.
- GKN Holdings PLC
- Bridgestone Corp.
- Tenneco Inc.
- Continental AG
- Autoliv Inc.
- Meritor Inc.
- Shiloh Industries Inc.
- Knorr-Bremse AG
- Compagnie Generale des Etablissements Michelin S.C.A.
- AutoNation Inc.
- MetoKote Corp.
- Asbury Automotive Group Inc.
- Toyota Industries Corp.
- TRW Automotive Inc.
- United Components Inc.
- Tomkins Finance Ltd.
- Aisin Seiki Co. Ltd.
- Affinia Group Inc.
- Cooper-Standard Automotive Inc.
- American Tire Distributors Inc.
- Piaggio & C. SpA
- Commercial Vehicle Group Inc.
- Europcar Groupe S.A.
- KAR Auction Services Inc.
- Delance Ltd.
- Allison Transmission Inc.
- LKQ Corp.
- Dayco LLC

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS