Saturday, February 26, 2011

Fiat, Standard & Poor's downgrades rating

Some analysts say the spin-off Fiat would have been beneficial for the company and its shareholders, while Standard & Poor's would have weakened from a financial point of view. For this reason, the U.S. company has reduced its rating from BB + to BB Lingotto, with a negative outlook, which is nothing but a lower forecast. Reason? The fear of the repercussions of the business plan of the auto

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