Fiat Chrysler in talks over $6.8 billion state-guaranteed loan - source
Share:
MILAN (Reuters) - Fiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro (5.61 billion pounds)state-guaranteed loan to help the automaker weather the coronavirus crisis, a source close to the matter said on Friday.Fiat Chrysler (FCA) has gradually restarted its operations in Italy since the end of April, after the crisis triggered by the virus virtually erased demand for new vehicles, pushing manufacturers to temporarily halt most production and burn cash.The..