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Moody's cuts its forecast for 2013 growth in the auto industry to 2.9% with downwards revisions...

Moody's cuts its forecast for 2013 growth in the auto industry to 2.9% with downwards revisions to sales in Europe and China pushing the overall global projection lower. The ratings agency maintains a stable outlook on the sector for the next year to 18 months, needing an outlook of 5% growth or better to move to a positive outlook.
Comments (2)
  • GM won't see the Government sell stock for a few years.
    17 Sep 2012, 12:05 PM Reply Like
  • Moody's! Those good folks that lower ratings after everybody knows.
    17 Sep 2012, 05:04 PM Reply Like
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