8 Articles
EIB loans Bollore 75 million euros to expand Autolib electric carsharing program

It looks like Parisian electric-vehicle car-sharing service Autolib just got some more juice.

Better Place gets $50 million loan from European Investment Bank

Things just got a little better for Better Place.

Sweden picks up tab on bankrupt Saab's EU loan

Way back at the beginning of Saab's struggle for life after General Motors, exotic car firm Spyker was granted a €400-million loan ($527M U.S.) from the European Investment Bank. The loan was approved after it was guaranteed by Sweden's Debt Office, and Saab's recent bankruptcy filing fo

Saab working to replace EIB loan to speed Antonov takover, can't pay wages

Keeping your staff happy is key to running a successful company. One of the main ways to do that is to pay them, which is an area in which Saab is once again experiencing a bit of trouble. Specifically, Saab cannot pay white-collar employees because committed funds have not yet been fully recovered by investors. The automaker's suppl

EIB green-lights Swedish Automobile property sale as Saab eyes production restart

Part of the Saab gambit for survival has been approved by the European Investment Bank. Saab's parent company, Swedish Automobile, has been requesting approval for a plan to sell part of the property that its factory sits on in Trollhättan to a group of real estate investors led by Hemfosa Fastigheter and then lease the land back. The transaction has been given final approval by not only the EIB, but a

Saab deal with Chinese partner collapses

This is very bad. Remember the deal between Hawtai Motors and Saab? Collapsed. According to The Detroit News, the deal, which involved a 29.9 percent stake in Saab in exchange for $172 million, fell apart early Thursday morning. The problem was reportedly that Hawtai wasn't able to obtain all the stakeholder consent needed, forcing the Chinese automaker t

Geely-owned Volvo seeks €600 million EIB loan

2011 Volvo S60 - Click above for high-res image gallery