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GENERAL MOTORS ACCEPTANCE CORP. $10 BILLION SHELF NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 GENERAL MOTORS ACCEPTANCE CORP. $10 BILLION SHELF NOTES RATED 'A+'
 BY FITCH -- FITCH FINANCIAL WIRE --
 NEW YORK, Oct. 9 /PRNewswire/ -- General Motors Acceptance Corp.'s $10 billion shelf registration of medium-term notes is rated "A+" by Fitch. GMAC's rating reflects its consistently strong earnings stream, good asset quality, and sound balance sheet. GMAC's performance has been resilient despite the weak automotive cycle and earnings pressures at its parent, General Motors Corp.
 -0- 10/9/92
 /CONTACT: Nancy E. Stroker, CFA of Fitch, 212-908-0533/
 (GM) CO: General Motors Acceptance Corp.; General Motors Corp. ST: Michigan IN: AUT SU: RTG


TS -- NY027 -- 8287 10/09/92 10:52 EDT
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Publication:PR Newswire
Date:Oct 9, 1992
Words:107
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