3 Auto Stocks Going Places: Moody’s Boosts GM Debt, Honda’s New Hybrid, Ford’s Legal Pickle

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General Motors (NYSE:GM): Moody’s announced that it is raising the rating of General Motors’s debt to investment grade. This comes after a flurry of good news for the automaker, including a planned buyback of $3.2 billion of preferred stock from the United Auto Workers’s health care trust and news that the Fed is planning to sell out of its position in General Motors earlier than had previously been anticipated.


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