Moody's upgrades Toyota long-term rating to Aaa

Newswire

TOKYO, Aug 1 (Reuters) - Moody's Investors Service said on Friday it had upgraded the long-term debt rating of Toyota Motor Corp , Japan's top auto maker, citing the company's strong operating performance. Moody's raised Toyota's long-term credit rating to its top notch, Aaa, from Aa1. Toyota shares were down 0.33 percent at 3,040 yen by 0334 GMT, compared to a 0.32 percent rise in the Nikkei average .

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