BMW Taps KfW-IPEX, DZ Bank Loans to Cut Emissions From Car Paint

  • Carmaker's Munich plant rolls out about 1,000 cars a day
  • BMW qualified for IPEX climate protection loan facility

German carmaker BMW AG tapped 162 million euros ($177 million) in loans from export credit bank KfW-IPEX and DZ Bank to cut harmful emissions from its vehicle paint line at its Munich factory.

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