Coronavirus: Fiat Chrysler seeks £5.6bn government-backed loan

FCA GROUP, the conglomerate that owns marques including Fiat, Alfa Romeo and Chrysler, is seeking a €6.3bn (£5.6bn) loan, backed by the Italian government, to bolster its finances during the coronavirus crisis. If the Italian Export Credit Agency (SACE) were to issue the guarantee, it would make it the biggest government-backed loan to a single … Continue reading Coronavirus: Fiat Chrysler seeks £5.6bn government-backed loan