Thursday, March 26, 2020

Fiat Chrysler secures new $3.8 billion credit line with 2 banks

Fiat Chrysler said the new credit, negotiated at a time when carmakers are idling plants, losing revenue and raising cash as demand slumps in the wake of the coronavirus, will be used for general corporate purposes and working capital.



from Section Page News - Automotive News https://ift.tt/2xpTWve

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