Chrysler 2007 Annual Report Download - page 71
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Report on Operations Fiat Group Automobiles70
loans, up sharply from the 3,530 million euros reported in 2006
in connection with increased volumes and a better mix of sales
to the network, and in Argentina, where it provides financing to
end customers.
In the supplier financing segment, Fidis, consistently with
Company policy to reduce its commitment to that activity,
reduced the volume of managed loans to 1,225 million euros
(1,980 million euros in 2006), with an average financing of 142
million euros (260 million euros in 2006).
With the recent incorporation of Fiat Automotive Finance Co.
Ltd, financial services will also be provided in China from
2008.