Moody's lowers bond ratings on Nissan Motor

Article Abstract:

Nissan Motor Co.'s long-term debt was downgraded to below investment grade by Moody's Investors Service. However, analysts believe that the downgrading will not setback Nissan's fund-raising capabilities, at least in the short-term. The car maker has made plans to borrow money from banks in Japan rather than by selling bonds to global investors. Nissan's long-term debt was downgraded to Ba1 from Baa3.

Comment:

Long-term debt downgraded to below investment grade by Moody's Investors Service

Japan, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Financial analysis, Evaluation, Abstract, Nissan Motor Company Ltd.

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Toyota puts off new type of battery for next Prius

Article Abstract:

Toyota Motor Corp. will not be using lithium-ion battery technology for its next-generation of Prius hybrid vehicles, slated to be launched in the fall of 2008. Concerns center around the safety of the battery; Toyota will use an advanced version of the nickel-hydride battery instead.

Toyota Motor Corp., Toyota Prius (Automobile), Automotive industry, TM

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Daimler, GM juice up hybrid plans

Article Abstract:

German automobile manufacturer Daimler AG will be introducing a hybrid car in 2009 that will be powered by a lithium ion battery. US-based General Motors Corp. is also expected to announce an advancement in its hybrid powertrain vehicles using lithium ion batteries.

Motor vehicles and car bodies, Primary Battery Manufacturing, Primary batteries, dry and wet, Lithium Dry Cell Batteries, United States, Usage, Germany, Automobile industry, General Motors Corp., GM, Lithium cells, Lithium batteries, Daimler AG, DAI

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