The European Investment Bank plans to lend Volkswagen de Mexico SA de CV about €70 million ($84 million) for a new production line to produce diesel engines for its Jetta passenger car. The infusion of funds will enable the German auto maker to meet increasingly stringent automobile U.S. emission requirements. The Mexican subsidiary, located in Puebla, will follow European Union environmental standards.

Premium Content (PAID Subscription Required)

"European Bank to Provide Loan for VW Mexico" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.