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Tag Archives: FCA Italy
New FCA Italy Covid Credit Line €6.3 billion
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
Stellantis to Repay Early €6.3B Fiat Credit Facility
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 →