Tag: Falling Demand Earns Auto Industry A ‘Negative’ Status By Moody’s
Falling Demand Earns Auto Industry A ‘Negative’ Status By Moody’s
Weak demand for vehicles has led to credit rating firm Moody’s cutting down its outlook of the automobile industry from steady to negative. Due to multiple factors like slowdown in the economy, political issues in the country and surprisingly good end to 2018 Moody said in its research report that global auto market is likely…
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