Comparative SWOT Analysis - World's 5 Leading Armoured Vehicles Manufacturers - Oshkosh Corporation, General Dynamics Land Systems, BAE Systems, Force Protection, Navistar Defense
- Language: English
- 35 Pages
- Published: October 2011
- Region: World
Tenneco's rating reflects the company's weak business profile and highly leveraged, but stable financial profile. Despite the difficult environment for auto suppliers, Tenneco's credit measures improved in 2005 and are expected to remain consistent with the rating this year as the company benefits from the good diversity among its customers, business platforms, and regions of operation. However, it is still exposed to the production problems of its large customers General Motors Corp. (GM) and Ford Motor Co. and we do not expect any improvement in the credit profile in 2006. The company's weak business profile is driven by Tenneco's exposure to highly competitive and cyclical automotive markets that partially negate the benefits of its strong market positions. Tenneco is a...
Companies mentioned in this report are:
- Tenneco Inc.
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >
- Tenneco Inc.
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