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Belgium: EC clears €16m funds for Fiat Powertrain

The European Commission has cleared Italy to provide regional aid to the tune of €16m (US$19.28m) to Fiat subsidiary Fiat Powertrain Technologies (FPT). FPT will use these funds to upgrade a production plant in Verrone, Italy, Dow Jones Newswires said. Specifically, this will provide machinery and assembly lines for a new Subscribe to Automotive World … Continued

The European Commission has cleared Italy to provide regional aid to the tune of €16m (US$19.28m) to Fiat subsidiary Fiat Powertrain Technologies (FPT).

FPT will use these funds to upgrade a production plant in Verrone, Italy, Dow Jones Newswires said. Specifically, this will provide machinery and assembly lines for a new

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https://www.automotiveworld.com/articles/82404-belgium-ec-clears-16m-funds-for-fiat-powertrain/

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