TURIN: Fiat Chrysler Automobiles NV and Italy’s Intesa Sanpaolo SpA are negotiating a state-backed credit line of as much as 6.3 billion euros (US$6.8bil) in Europe’s biggest government-guaranteed financing for a carmaker since the coronavirus pandemic.
Italy’s top lender would lead a three-year loan facility to help finance the manufacturer’s business in the country, Fiat Chrysler said in a statement.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
