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FCA to invest 5 bn more in Italy (4)

Resources to go into new electric cars

Redazione Ansa

(ANSA) - Rome, June 4 - Fiat Chrysler Automobiles is to invest five billion euros more in Italy over the coming years, investment insurance agency SACE said Thursday.
    FCA is to put the money into electrification, connectivity and containment of emissions in new electric cars, it said. SACE CEO Pierfrancesco Latini told the Senate the commitments would remain after the planned merger with PSA and would be placed in context with a major new loan from the Intesa Sanpaolo bank.
   

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