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 upgrade did Standard and Poors give to General Motors?

What was the previous rating of General Motors before the upgrade to triple B minus?

What is the outlook for General Motors after the recent upgrade?

What factors did Moody's cite for upgrading GM to investment grade nearly a year ago?

How much has GM's stock declined amid the recall crisis?