CRISIL downgrades Mercedes-Benz India by a notch

CRISIL downgrades Mercedes-Benz India by a notch

CRISIL Ratings downgraded premium car manufacturer Mercedes-Benz India Pvt. Ltd (MBIL) by a notch citing production cuts and weaker demand amid COVID19 outbreak. The Indian arm of global rating company S&P cut the creditworthiness to AA+ with …❗️ read more