TEXT-S&PBulletin: Rtgs on Toyota unaffected by production halt


(The following statement was released by the ratings agency) Jan 28 - Standard & Poor's Ratings Services said today that Toyota Motor Corp.'s (Toyota; AA/Negative/A-1+) announcement that it will temporarily halt sales and production of its eight models in the U.S. will have no immediate impact on the ratings on the company. However, the suspension may put downward pressure on Toyota's earnings, which we believe have entered a recovery phase. On Jan. 26, 2010, Toyota announced that it ...

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