Les long-term issuer ratings of AA- (wu) and short-term issuer ratings of A1+ (WU) granted to CFAO Motors Côte d'Ivoire (CFAO Motors CI) on its regional scale have been withdrawn by the GCR Ratings (GCR) rating agency

The removal of a financial rating does not mean that the entity is not meeting its financial commitments or that its financial situation has deteriorated. The withdrawal is due to analytical reasons. In reality, GCR is not in a position to rate the entity due to a lack of data from the group. GCR claims that no part of the rating process was influenced by other business activities of the credit rating agency. For her, ratings are based solely on the merits of the rated entity, security, or financial instrument and these ratings are an independent assessment of the risks and merits of the rated entity, security, or financial instrument