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Home»Investment»Daimler takes a loan of 9 billion euros

Daimler takes a loan of 9 billion euros

December 6, 2019

The German concert Daimler agreed with more than 40-A American, Asian and European banks on opening a loan worth 9 billion euros. The loan term will be 5 years with the further possibility of extending for another 3 years. Such news was reported by the authoritative magazine Bloomberg, referring to its own sources.

This money will be used to repay another loan of 7 million euros. Recall that the latest maturity expire in 2015. Also, money will go to the production of new cars and cars that have already been created, but require market promotion. Such a car was a Mercedes GLA, which was presented at the Frankfurt Motor Show in early September. The German company decided to go further and conclude a contract with the new company. The company produces a charger for a car battery with lower costs for the necessary resources, which will make it possible to save money a little money in production.

As reported a little earlier, until 2017, Mercedes and Infiniti should develop a new JC1 joint platform, which will replace the MFA model chassis from a German company. Experts suggest that the Mercedes-Benz company will build A-Class hatchback and compact V-class on the new base.

In addition, the Daimler concern and the RENAULT-Nissan Alliance are going to expand partnerships by increasing the number of joint projects from 3 to 10. As part of cooperation, partners intend to jointly develop and produce engines, as well as exchange the drawings of commercial cars.

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