GM Lifted to Investment Grade as S&P Joins Moodys

General Motors (GM) has been upgraded by Standard & Poor's (S&P) to investment grade, moving from BB+ to BBB- with a stable outlook. This follows a similar upgrade by Moody's nearly a year ago, which was based on strong sales of new models in the US and GM's performance in China. Despite these upgrades, GM has faced challenges, with its stock down nearly 20% due to a recall crisis. However, S&P's recent upgrade suggests a positive outlook for GM's financial stability.

What recent change did Standard and Poor's make to General Motors' debt rating?

• Upgraded to A plus

• Maintained at BB plus

• Upgraded to triple B minus

• Downgraded to BB minus

What was one of the reasons Moody's upgraded GM to investment grade nearly a year ago?

• Weak performance in China

• Increase in debt

• Strong sales of new models in the US

• Decline in stock value

Which market was highlighted as a strength for GM by Moody's?

• Australia

• China

• South America

• Europe

What major issue has GM faced this year, affecting its stock value?

• A recall crisis

• An increase in production costs

• A merger with another company

• A new product launch

Despite the challenges, what positive financial news did GM receive?

• A stock buyback program

• A debt upgrade to investment grade

• A debt downgrade

• A new partnership