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Automotive

Fiat Chrysler draws down on $6.8 billion credit facility

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The automaker, like many of its peers, is bolstering its cash reserves due to uncertainty created by the coronavirus pandemic.

source https://www.autonews.com/automakers-suppliers/fiat-chrysler-draws-down-68-billion-credit-facility

  • Webasto restarts some European plants
  • Hyundai vehicles sit in U.S. ports as virus keeps buyers away

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