GAC, FCA to bail out joint venture with 1 billion-yuan loan

GAC FCA's plant restarted output on February 17. (GAC's corporate website)

March 26, 2020 04:20 PM

GAC Motor Co. and FCA Group are loaning 1 billion yuan ($141 million) to help their joint venture navigate production disruptions and sharply lower vehicle deliveries in the wake of the coronavirus outbreak.

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