(New throughout, adds bylines) By Jonathan Stempel and Christian Plumb NEW YORK, Dec 23 (Reuters) - Moody's Investors Service on Monday cut Fiat's debt ratings to junk status, saying Italy's largest manufacturer suffers from losses at its auto unit and a high, $15 billion total debt load. Moody's action represents a setback for the struggling Turin-based group, whose brands also include Alfa Romeo and Lancia. Fiat is laying off thousands of workers, and expects its auto unit to post a ...
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