Geely's Volvo Cars says wants bigger EIB loan

Newswire

* To seek 600 million euro loan from EIB, up from 500 mln * Has restarted talks with Swedish government on guarantees STOCKHOLM, Aug 31 (Reuters) - Swedish carmaker Volvo Cars, owned by Chinese group Geely Automobile , wants a bigger European Investment Bank loan than previously planned, 600 million euros ($758 million) rather than 500 million. Volvo Cars also said on Tuesday it had restarted talks with Sweden about a government guarantee for the EIB loans which will be used to develop ...

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