MILAN -- Italy's biggest retail bank, Intesa Sanpaolo, gave its preliminary approval to a state-backed 6.3 billion euro ($6.9 billion) three-year loan for Fiat Chrysler's Italian unit, a source close to the matter said on Tuesday.
MILAN -- Italy's biggest retail bank, Intesa Sanpaolo, gave its preliminary approval to a state-backed 6.3 billion euro ($6.9 billion) three-year loan for Fiat Chrysler's Italian unit, a source close to the matter said on Tuesday.
Many automotive components have been subject to the global reciprocal and trafficking tariffs. Conflicting court rulings throw those tariffs into doubt.