Filed under: Earnings/Financials,Government/Legal,Chrysler,Fiat

Fiat Chrysler said on Thursday it has agreed a new credit facility with two banks, at a time when major carmakers are having to shut down plants, losing revenue as demand slumps in the wake of the coronavirus. Most of FCA's plants around the world are currently shut in response to the virus emergency. Italian investment firm Exor , which controls FCA, said on Wednesday that the temporary closures might continue and increase depending on how the coronavirus outbreak develops.Continue reading Fiat Chrysler agrees to new $3.8 billion credit facility with banks

Fiat Chrysler agrees to new $3.8 billion credit facility with banks originally appeared on Autoblog on Thu, 26 Mar 2020 16:00:00 EDT. Please see our terms for use of feeds.



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