Cracks In The Armor? Moodys Downgrades Toyota's Investment Status

Toyota Motor Corp. had its credit outlook lowered by Moody’s Investors Service, showing even the world’s most valuable carmaker isn’t safe from turmoil in the industry.

The outlook was changed to negative from stable, Moody’s said Thursday in a statement as it affirmed its Aa3 rating for the company -- the fourth-highest level. The Japanese giant has held that rating since 2011, according to data compiled by Bloomberg.

focal - 1/23/2020 10:49:08 AM

+1 Boost

The amount of BBB corporate bonds that don't deserve it will be the tipping point that collapses this economy and start the next recession. Toyota's rating really is not a concern yet.

vdiv - 1/23/2020 12:55:44 PM

+1 Boost

Shift to self-driving vehicles?! What shift, what vehicles? What are they smoking?