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    Global Autos Outlook: Declining Demand Spurs Restructuring Drive

    Global auto markets are diverging, as competitive advantages shift and management teams increasingly prioritize restructuring over expansion. China sits at the center of these changes: Once a key growth engine, it has become a significant source of industry pressure. For global incumbents, this transformation represents a complex challenge.

    The approximately 20% decline in Chinese light-vehicle demand during the first half of 2026 far exceeds our previous expectation of a single-digit correction. The downturn confirms the transition toward a more market-oriented environment after years of extensive policy support.

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    The AI Ecosystem: Hyperscalers and the Evolving Credit Landscape

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    The AI Ecosystem: Hyperscalers and the Evolving Credit Landscape

    Capital IQ Pro subscribers can access our interactive dashboard to visualize the AI ecosystem and comparisons across hyperscalers, including cash flow generation, capital commitments, financial flexibility, and projected capex trends through 2029.

     

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    Sector Profile: Comparing The Outdoor Advertising Market Leaders

    S&P Global Ratings’ business risk assessments for outdoor advertisers place greater emphasis on market diversity than scale. Lamar Advertising Co., Outfront Media Inc., and Clear Channel Outdoor Holdings Inc. are scaled companies. Together they constitute approximately 60% of the U.S. outdoor advertising industry (with the remainder coming from hundreds of smaller companies), and JCDecaux S.E. is the largest in the world (operating in 79 countries).

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    Digital Infrastructure

    Explore our coverage and criteria to understand the credit implications of the data center boom.
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