A Nissan Motor Co. logo is displayed on a screen during an unveiling event for the Leaf Nismo electric race car in Tokyo, Japan. ( Photographer: Kentaro Takahsahi/Bloomberg)

Already-Downgraded Nissan Credit Rating Hit by Negative Outlook

(Bloomberg) -- Nissan Motor Co.’s credit standing took another hit, as S&P Global Ratings placed the automaker’s rating on negative watch after it issued a weaker profit outlook last week.