Chrysler Debt Rating Downgraded: Moody’s Investors Service...
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From Times Staff and Wire Reports
Chrysler Debt Rating Downgraded: Moody’s Investors Service Inc. dropped its debt ratings for Chrysler Corp. and its financial subsidiary by one notch amid concern over vehicle sales, competition and capital expenditures. Moody’s rating for Chrysler’s senior debt was lowered to BAA2 from BAA1.
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