The European Investment Bank says it will lend E100 million ($147 million) to Volkswagen India Private Ltd., a subsidiary of Germany’s Volkswagen Group, to partially finance expansion of the auto maker’s new assembly plant in the western Indian state of Maharashtra. The auto maker already builds the Skoda Fabia at its Chakan plant, near the city of Pune, and plans are to assemble specially adapted models of the VW Polo and VW Up! at the facility. Although the EIB primarily is tasked with ...
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