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05-17-2020, 08:20 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Government/Legal (https://www.autoblog.com/category/government-legal/),Chrysler (https://www.autoblog.com/chrysler),Fiat (https://www.autoblog.com/fiat)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-11/421f61f0-13b6-11ea-bfeb-a78318c07603 Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler was entitled to apply for Italy's state-backed loans because the automaker employs thousands of people in the country, even though its legal base is located abroad. The Italian-American group confirmed on Saturday its Italian unit was working with Rome to obtain state guarantees on a 6.3-billion-euro ($6.8 billion) loan facility designed to help Italy's automotive industry, comprised of approximately 10,000 small and mediContinue reading Fiat Chrysler seeks $6.8 billion state-backed loan in Italy (https://www.autoblog.com/2020/05/17/fca-loan-guarantee-italy-coronavirus/)
Fiat Chrysler seeks $6.8 billion state-backed loan in Italy (https://www.autoblog.com/2020/05/17/fca-loan-guarantee-italy-coronavirus/) originally appeared on Autoblog (https://www.autoblog.com) on Sun, 17 May 2020 11:00:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).


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