Toyota penalized by Moody's

Posted by – April 22, 2010

Moody's downgraded the credit ratings of Toyota Motor Corp. to "Aa2" from "AA1", with negative outlook, anticipnd that Japanese car manufacturer will profit from a low NAP Ramna earliest in the year in 2012, in the context of "significant uncertainty" created by the crisis recalls. "Changing the rating reflects the low profitability of Toyota's obvious that we expect to continue for a long time. … I

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