Reported about 11 hours ago
Fitch Ratings has downgraded Nissan Motor Co.'s credit rating to junk-status BB+ from BBB-, citing the company's ongoing low profitability and a slower-than-expected recovery. This follows a similar downgrade by Moody's last week to a non-investment grade of Ba1, while S&P Global Ratings maintained its BB+ rating but changed the outlook to negative.
Source: YAHOO