S&P: GM, GM Financial view to positive

Standard & Poor's said it revised its outlooks on General Motors Co. and General Motors Financial Co. Inc. to positive from stable and affirmed the issuer credit ratings on the companies.

The corporate credit rating on GM is BB+ and the issuer credit rating on GM Financial is BB.

"The outlook revision reflects the potential for an upgrade by the end of 2014 if the performance of GM's overall automotive operations continues to improve and its expansion of GM Financial progresses smoothly," S&P credit analyst Dan Picciotto said in a news release.

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