Isn't 6.3bn EUR something like the typical repair bill on an old Fiat? I digress.

Reuters report over the weekend the approval is close, citing two sources:

  • Italy close to approval of guarantees for a 6.3 billion euro financing of Fiat Chrysler
  • FCA's Italian division has tapped Rome's COVID-19 emergency financing schemes to secure a state-backed, three-year facility to support the group's operations in the country as well as Italy's car sector.

Link here for more.

 Fiat Chrysler