German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

The rating agency Moody’s classifies the creditworthiness of Volkswagen worse. The rating for the long -term papers is reduced by “A3” by one level to “Baa1”, with a stable view, Moody’s said on Monday. The downgrading reflects the recent decline in the profit margin and the cash inflow at the Wolfsburg car manufacturer, the experts… Continue reading German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932