Moody's agency lowers rating for Chrysler

Business Materials 8 August 2008 04:43 (UTC +04:00)

The US rating agency Moody's has lowered several of its credit ratings for the struggling US automaker Chrysler because of lagging demand for SUVs and pickup trucks in the US.

Moody's estimated Chrysler's debts at 9 billion dollars, the dpa reported.