South Korea: S&P raises outlook on Hyundai Motor Group

Standard & Poor's Ratings Services (S&P) has announced it has revised to positive from stable its outlook on the long-term corporate credit ratings on Hyundai Motor (HMC), Kia Motors, Hyundai Mobis and Hyundai Glovis, and affirmed the 'BBB' long-term corporate credit and debt ratings on the companies. S&P has also changed Subscribe to Automotive World … Continued

• By Webmaster
• June 7, 2011