GM Hopes to Improve Its Credit Soon
Jun 20th 2013 7:31PM
Updated Jun 20th 2013 7:32PM
General Motors has come a long way since its 2009 bankruptcy, but like anybody who goes through the bankruptcy experience, its credit rating got hit hard. Industrial companies like GM borrow money regularly, so good credit is important -- and GM's new leadership is hoping for an upgrade sometime this year.
In this video, Fool.com contributor John Rosevear looks at what GM is doing to restore its credit -- and at what a return to an "investment grade" credit rating would mean for GM's stock price.
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The article GM Hopes to Improve Its Credit Soon originally appeared on Fool.com.Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.