FCA Payday: Italy Readies $7.1 Billion for Automaker

Italy is on the cusp of approving a 6.3 billion-euro ($7.1 billion) loan for Fiat Chrysler Automobiles (FCA). Suppressed sales stemming from coronavirus lockdowns have encouraged governments around the globe to lend businesses a hand or — more accurately — fists full of money. Bloomberg claims FCA’s payday will be Europe’s biggest government-backed financing of an automaker since […]
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