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EIB pledges 600 mln for Fca R&D

Research in south to focus on more efficient Alfa Romeo engines

Redazione Ansa

(ANSA) Turin, June 29 - The European Investment Bank and the Sace export credit agency have earmarked 600 million euros for research by Fiat Chrysler Automobiles in Italy over the next three years, officials said Monday.
    The financing will be used for research and development activities at FCA centres in Turin and Modena.
    Studies to be financed include research into advanced propulsion fuels and efficient vehicle technologies, vehicle security and comfort technology and the new architecture of vehicles.
    A second component of the package concerns investment in productive centres in southern Italy, at Pratola Serra and Termoli, for the production of new more efficient petrol and diesel engines for Alfa Romeo cars, auto industry sources said.
   

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