BRUSSELS, Oct 10 (Reuters) - Fiat's Chief ExecutiveSergio Marchionne said he disagreed with Moody's decision onWednesday to downgrade the Italian carmaker rating by one-notchto Ba3.
"The decision was expected by I don't share it," Marchionnetold Reuters on the sidelines of a conference.
The U.S. rating agency cut its credit rating on Fiat to Ba3with negative outlook on Wednesday, citing the carmaker'sreliance on its declining home market. [ID:nL6E8LA2HK}
Moody's said it would consider further downgrading Fiat ifstandalone net industrial cash flow were to exceed a negative 2billion euros in 2012 and not improve in 2013.
(Reporting by Francesco Guarascio; Editing by Lisa Jucca)
Keywords: FIAT MOODY'S/