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.

Copyright (c) 2018 All rights reserved.

Like this post? Please share to your friends:
Leave a Reply