Fitch downgrades Volkswagen – BFMTV.COM

The rating agency Fitch, days after Moody’s lowered turn Monday debt rating of Volkswagen automobile constructor, who has confessed to cheating two anti-pollution standards.

So far at “A”, the note of Volkswagen’s long-term debt was lowered by two notches to “BBB +” and remains with a negative outlook, which means that a further reduction could be envisaged in the short term, according to a statement

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