Tag Archives: FCA Italy

Stellantis to Repay Early €6.3B Fiat Credit Facility

Posted on 28 January 2022 by Ken Zino

The credit facility, entered into in June 2020, was structured to support the restart and “transformation of Italy’s automotive sector” after the COVID-19 outbreak rocked the automotive world and its establishment. Continue reading →

Posted in financial results | Tagged , , , , , | 1 Comment

New FCA Italy Covid Credit Line €6.3 billion

Posted on 24 June 2020 by Ken Zino

FCA is Italy’s largest industrial group, directly employing 55,000 people at its 16 plants and 26 dedicated R&D sites. In addition, more than 200,000 further jobs in highly specialized Italian supplier businesses are linked to the successful continuity of the FCA’s operations. A further 120,000 jobs at 12,000 enterprises of all sizes in the distribution and services sectors also support the Italian automotive industry. Continue reading →

Posted in economy, financial results, news analysis | Tagged , , , , , | 1 Comment