Fiat-Chrysler latest to receive financial life-line – report

Fiat-Chrysler Automobiles (FCA) is the latest to receive a multi-billion euro government-backed loan, with €6.3 billion being made available to the company from one of Italy's largest banks, news agency Reuters reports. This comes after FCA announced in April 2020 that the company had drawn down €7.75 billion from credit facilities dating back to 2015.