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Wednesday, October 27, 2010

Moody's says Volkswagen and Daimler have to pay debt more than $1 trillion

Wednesday, October 27, 2010
Moody's says Volkswagen and Daimler have to pay debt more than $1 trillionMoody's Investors Services said Volkswagen AG and Daimler AG combined have to pay back more than $1 trillion of debt over the course of the coming four years, raising concerns that they may suffer in repaying debt. The announcement added to debt woes concerns in the region that suffers from high sovereign debt,

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