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Toyota cars: TMCC’s ratings have not suffered in the |
Toyota Motor Credit Corporation (TMCC), the wholesale and retail financing company that supports Toyota’s North American sales activities, is unique among the big automotive companies’ captive financing vehicles. It has a triple-A rating from Standard & Poor’s and Aa1 from Moody’s, far superior to those of its big three competitors, Ford Credit, DaimlerChrysler Financial Services and GMAC, the highest rated of which, DaimlerChrysler Financial Services, is on a low single-A.
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