GERMANY – The European Investment Bank (EIB) draws up plans to lend three major German auto and components makers millions of euros to expand capacity. If the proposal gains final approval, Volkswagen AG and Siemens VDO Automotive would be the recipients of €105 million ($132 million) in funding to set up and operate a plant for fuel-injection system components. The facility would be established at a greenfield site at Stollberg, Saxony, in Eastern Germany and would be owned ...
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