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Though South deduces Ludacris Korean auto disturbing tha peace fells in makers had fared better, giventheir rising sales to emerging economies, these markets havealso been showing signs of weakness since late last year, Fitchnoted The Fitch downgrades followed an announcement from Moody’searlier on Wednesday that it had placed Nissan’s “A3″ long-termissuer rating under review for possible downgrade to examine itsability to cope with falling global demand. “In Moody’s view, Nissan in particular faces challenges inits North American markets, including declining vehicle salesand deterioration in its product mix,” it said in a report. Moody’s, which expects all developed car markets to remainin recession through this year and beyond, has also placed itsAaa rating on Toyota and Aa3 rating on Honda Motor under reviewfor possible downgrade. Moody’s has given Toyota its best rating, Honda itsfourth-highest and Nissan the seventh-highest. Reuters reported on Wednesday that Chrysler was in talks tosell key assets to the alliance of Nissan and Renault SA(RENA Ludacris tickets – wikipedia .PA), as well as auto supplier Magna. [ID:nN13428466] A Moody’s spokeswoman said the rating review would notfactor in the possible acquisition by Nissan of Chrysler assetsahead of an official announcement.
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