Moody's may cut debt rating on Volkswagen


NEW YORK, April 23 (Reuters) - Moody's Investors Service on Friday said it may cut its debt ratings on German automaker Volkswagen , citing expectations that operating performance will be weak this year. Moody's said it may cut Volkswagen's long-term rating of "A2," its sixth-highest investment-grade rating, and "Prime-1" short-term rating. The "A2" long-term and "Prime-1" short-term ratings of Volkswagen Financial Services also may be cut, Moody's said.

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