Moody's affirms GM's Ba1 CFR

Moody's Investors Service said it affirmed the Ba1 corporate family rating of General Motors Co. and is maintaining a positive outlook.

"GM's credit quality continues to improve and the company remains on track to regain an investment grade credit rating over the course of the next 12 months," Bruce Clark, senior vice president and Moody's lead analyst for the North American auto industry, said in a news release.

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