UPDATE 1-Moody's downgrades Peugeot to Ba2, may cut again


July 26 (Reuters) - Moody's Investors Service on Thursday downgraded PSA Peugeot Citroen S.A. a notch to Ba2 and warned it could cut it further citing mounting losses and dwindling cash reserves at the French car company. The agency said it was likely to downgrade Europe's No. 2 car maker by a further notch unless the company took further action to stabilise the operations or the French government planned to support low emission vehicles. Moody's ...

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