moparnut
Administrator
To date, the formerChrysler Group, now known as FCA US, has been “ring-fenced” — creditors have demanded separate accounting for the division, and FCA has obliged, making it easier for observers to discover the group’s sales and profits.
That will end in the first half of 2016, according to a recent FCA report.The company will redeem FCA US senior secured notes (special loans) with cash on hand on December 21. By midyear, FCA will have a single, unified “financing platform” and will be able to distribute capital everywhere — and, presumably, cease to report FCA US results separately. (...) →
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That will end in the first half of 2016, according to a recent FCA report.The company will redeem FCA US senior secured notes (special loans) with cash on hand on December 21. By midyear, FCA will have a single, unified “financing platform” and will be able to distribute capital everywhere — and, presumably, cease to report FCA US results separately. (...) →
More...