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Financial News

Wednesday July 1, 06:19 AM

 

 

Fitch Ratings has downgraded Toyota's credit rating for the second time in seven months

By Toshifumi Kitamura

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Factory workers at Toyota Motors' Tsutsumi plant. Fitch Ratings has downgraded its credit rating on the Japanese auto giant for the second time in seven months, saying it had been slower than its rivals to respond to the current industry crisis. Factory workers at Toyota Motors' Tsutsumi plant. Fitch Ratings has downgraded its credit rating on the Japanese auto giant for the second time in seven months, saying it had been slower than its rivals to respond to the current industry crisis.


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