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China: Beijing Auto/Daimler JV seeks loans – report

Beijing Automobile Industry Holding Co's joint venture with Daimler is reported to be seeking Yuan 12.8bn (US$2bn) in loans from a group of banks to help fund new assembly lines and an engine factory. Beijing Auto chairman Xu Heyi confirmed the news in an interview with Bloomberg in the Subscribe to Automotive World to continue … Continued

Beijing Automobile Industry Holding Co's joint venture with Daimler is reported to be seeking Yuan 12.8bn (US$2bn) in loans from a group of banks to help fund new assembly lines and an engine factory.

Beijing Auto chairman Xu Heyi confirmed the news in an interview with Bloomberg in the

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https://www.automotiveworld.com/articles/89330-china-beijing-auto-daimler-jv-seeks-loans-report/

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