Fiat Chrysler: borrowing from the EIB


© Reuters. Fiat Chrysler: borrowing from the EIB

Fiat Chrysler Automobiles (NYSE:FCAU) (FCA) announced that it has contracted a loan of four years with the European Investment Bank (EIB) in the amount of € 420 million, to support its research and development projects in horizon 2020.

The Italian-American claims of many programs, including solutions of electrification for hybrid and electric vehicles, the development of the autonomous control, as well as digital technologies for its production process.

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