Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units
Green Car Congress
JANUARY 4, 2012
Global rating agency Fitch Ratings expects the financial profiles of US automakers and parts suppliers to remain resilient in a downside scenario characterized by sluggish global economic growth and weaker-than-expected North American light-duty vehicle demand. Fitch expects light vehicle sales in the US to total 13.2
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