Anonymous sources
China Car Times
BBAC: bank talks - China Car Times
The interest rate is 100% of the benchmark rate of People's Bank of China, but a source said, pricing is still subject to change. And it is mentioned by a number of sources that Bank of Beijing may be involved. Funds raised will be used to build a new ...
GM overwhelm Pang Da and Youth to cut down equity ratio - China Car Times
Recently, a source close to Pang Da Group was quoted by the First Financial Daily, regarding the acquisition of Saab, Saab Automobile restructuring officer Guy Lofalk went to Detroit for a face to face talk with General Motors. ...
Toyota rumored in talks on selling Prius III hybrid technology to China's FAW - China Car Times
A source close to Toyota Motors reveals that Toyota has sold the technology of the third-generation Prius to China's auto giant FAW Group, but the two companies would not expose the deal to the public now and say they are in talks about local ...
VW and PSA both considering sub-brands - China Car Times
Volkswagen is in discussions with one of its two Chinese partners about the possibility of starting a new jointly run brand, a person close to the German auto maker said. “The talks have been going on for some time, and they are in their final stage,” ...