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FCA US vs FCA debt

by David Zatz on

Ritratto Dott Palmer

FCA US CFO Richard Palmer (pictured above right) was asked today about FCA US’ debt. He said that there was no need at the moment to take new loans, so as old loans were paid off, debt would go down.

He also noted that, to simplify matters, any new loan arrangements would be taken on by Fiat Chrysler Automobiles N.V., the parent company.

David Zatz founded Allpar in 1998 (based on a site he had begun in 1993-94), after years of writing reviews for retail trades. He has been quoted by the New York Times, the Daily Telegraph, the Detroit News, and USA Today. Before making Allpar a full-time career, he was a consultant in organizational psychology. You can reach him by using our contact form (much preferred) or by calling (313) 766-2304

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