EIB UNDERPINS NEW AUTO PRODUCTION IN SWEDEN AND MOROCCO

BY KEITH NUTHALL NEW options for UK auto-dealers will come on stream as Europe's economy recovers thanks to Euro 600 being sunk into production in Sweden and Morocco by the European Investment Bank (EIB). It has been channelling money towards automakers this year to help them stay afloat in the recession. And it has now announced it will spend Euro 400 million on funding SAAB Automobile research and development in improving fuel efficiency (especially regarding CO2 emissions) and safety in accidents, whether a vehicle either causes or is the victim of a crash. ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.