/

Browse china development bank articles

Volvo gets $1.2 billion loan from China Development Bank


Volvo Car Corporation will receive a €922 million ($1.2 billion) loan from China Development Bank to repay its debt, the Swedish carmaker announced on Thursday. The Chinese-owned carmaker hopes for more loans to help finance the investment needed to double its sales. As a second step under the loan agreement, Volvo spokesman Per-Ake Froberg said that the carmaker hopes to secure ...
Read more

related more
spacer
spacer

More china development bank articles

Volvo gets $1.2 billion loan from China Development Bank
Volvo Car Corporation will receive a €922 million ($1.2 billion) loan from China Development Bank to repay its debt, the Swedish carmaker announced on Thursday. The Chinese-owned carmaker hopes for more ...

latest automotive news
Marko won bet by gambling on Ferrari – report
Mar.30 (GMM/Inautonews.com) Dr Helmut Marko left Sepang 400 euros richer -- by betting on a Ferrari. Germany's Sport Bild reports ...
Raikkonen has full support of Arrivabene
Mar.30 (GMM/Inautonews.com) After two races in 2015, Ferrari is happy with its driver lineup. Having struggled alongside Fernando Alonso last ...
Alonso upbeat after happy Ferrari moves on
Mar.30 (GMM/Inautonews.com) Fernando Alonso insists his first race with McLaren-Honda went better than expected. Earlier in Malaysia, the Spaniard told ...
Merhi keeps options open amid Manor uncertainty
Mar.30 (GMM/Inautonews.com) Roberto Merhi is having to keep his options open even after making his grand prix debut on ...
Ferrari says Mercedes still has best car
Mar.30 (GMM/Inautonews.com) Although disappointed, Toto Wolff had to chuckle late on Sunday when asked if Malaysia signalled the "end ...
Vettel to be father again – Ecclestone
Mar.29 (GMM/Inautonews.com) All is well in the world of Sebastian Vettel. The German broke Mercedes' run of dominance on Sunday, ...
Malaysia announces new F1 race deal
Mar.29 (GMM/Inautonews.com) Malaysia will continue to host a grand prix for at least the next three years. As the chequered ...
No Hamilton contract news for ‘few more days’
Mar.29 (GMM/Inautonews.com) The Malaysian grand prix weekend started and ended without Lewis Hamilton's new Mercedes contract being announced. The reigning ...
Wolff hopes Malaysia stops equalisation ‘nonsense’
Mar.29 (GMM/Inautonews.com) Toto Wolff on Sunday said he hopes Ferrari's breakthrough win stops the "nonsense" talk about equalisation. After Australia, ...
Dennis denies Alonso relationship breaking down again
Mar.29 (GMM/Inautonews.com) Ron Dennis has played down suggestions McLaren's relationship with Fernando Alonso is once again breaking down. In 2007, ...
Susie Wolff slams ‘all-female F1′ series idea
Mar.29 (GMM/Inautonews.com) Susie Wolff has slammed suggestions an all-female version of formula one should be launched. Alarmed at the current ...
Honda relying more on McLaren now – Boullier
Mar.29 (GMM/Inautonews.com) McLaren and Honda are working hard to make their new works collaboration gel. Back together in 2015 after ...
Ecclestone regrets letting Manor return
Mar.29 (GMM/Inautonews.com) Manor appears to have lost the backing of Bernie Ecclestone, the most powerful man in formula one. The ...
Rosberg denies ‘blocking’ Hamilton
Mar.29 (GMM/Inautonews.com) Nico Rosberg protested his innocence on Saturday, amid suspicions he 'blocked' teammate Lewis Hamilton in qualifying. It is ...
Boss plays down ‘naughty’ Rosberg-Hamilton move
Mar.28 (GMM/Inautonews.com) Toto Wolff on Saturday played down suggestions the tension between Mercedes' drivers could be set to reignite. During ...
Hamilton asked FIA to explain Alonso crash – report
Mar.28 (GMM/Inautonews.com) Lewis Hamilton played an unusually forceful role earlier this weekend in the drivers' FIA briefing, according to ...
Alonso upbeat despite Ferrari resurgence
Mar.28 (GMM/Inautonews.com) McLaren-Honda's all-champion driver lineup is putting a brave face on its situation. As in Australia, the two MP4-30s ...
‘No change’ after Pirelli’s China buyout – Hembery
Mar.28 (GMM/Inautonews.com) Pirelli's F1 project is "business as usual" despite the EUR 7 billion takeover of the historic Italian ...