LONDON – The European Investment Bank is drawing up plans to lend €250 million ($291 million) to a U.K. auto maker for the design and development of two car models, together with the refitting of existing production facilities and the necessary supplier tooling. Based in Luxembourg, the EIB is the European Union’s long-term finance arm, with a specific remit of funding projects that help rejuvenate depressed economies and regions. The bank declines to provide further details ...
Premium Content (PAID Subscription Required)
"European Investment Bank Considers Loan to U.K. Auto Maker" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642