Volvo secures $800 million loan from China Development BankAuto News

Volvo Cars, struggling to restore profits since Zhejiang Geely Holding Group acquired the company from Ford in 2010 for $1.8 billion, signed a second loan agreement with China Development Bank.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131125/OEM/311259847/volvo-secures-800-million-loan-from-china-development-bank

Source Auto News