Anonymous sources
Gasgoo automotive news
2011 Chinese automobile exports look to total just over 800000, still have ... - Gasgoo automotive news
In a report today, China Securities News quoted an anonymous source who said that, in addition to promoting development in the market for electric and new energy vehicles, one of the government's key goals next year is to encourage Chinese ...
Fiat said to increase credit line this week to $2.8b - Gasgoo automotive news
Fiat agreed on the new facility with Credit Agricole SA (ACA), Intesa Sanpaolo SpA (ISP) and UniCredit SpA (UCG), which arranged the existing loan, and six other banks, according to the people, who asked not to be named because the talks are private. ...
Fuji Heavy, Chery agree on China Subaru deal - Gasgoo automotive news
"Chery and Fuji have agreed on the major terms and conditions of making Subarus in the city of Dalian and are now communicating with Chinese regulators to seek their endorsement," one person briefed on the matter told Reuters. The terms and conditions ...
Nissan Motor's Chinese venture cuts production amid worsening parts shortage - Gasgoo automotive news
"We used to assemble 304 cars a day, but today our plan is set at 82," said a worker who declined to give his name. "And our work time was cut to half a day to accommodate the production," he added. Japanese automotive joint ventures in China get 60 to ...
VW abandons plans to construct Taiwan factory - Gasgoo automotive news
... German automobile giant Volkswagen AG has decided to abandon its plans to construct a factory in Taiwan, an anonymous source told the China Times today. ...
SAIC's own brand car sales to surge 78% this year - Gasgoo automotive news
... vehicle sales will exceed 160000 units in 2010, up 78% from a year earlier, caijing.com reported Monday, citing a source who asked not to be named. ...
Three Hyundai Motor firms to bid for Hyundai E&C-source - Gasgoo automotive news
KS), a source said on Thursday. Hyundai Motor Group, the world's No.5 group, submitted a preliminary bid for South Korea's largest builder in September, ...
Fiat banks to start marketing $5.5B debt to fund spinoff - Gasgoo automotive news
... bridge loan which will be refinanced with a bond from the unit being separated, said the people, who declined to be named because talks are private. ...
Daimler to cut costs with 7 billion-Euro refinancing - Gasgoo automotive news
... than benchmark lending rates for the five- year revolving credit, said the people, who declined to be identified because the information is private. ...
Chery is open to cooperation with foreign automakers: Chairman - Gasgoo automotive news
... the two is hence still in stalemate, and it's too early to say whether the cooperation agreement can be reached at last, a person close to Chery said. ...
Changan-PSA JV deal to sign in July, to make MPV - Gasgoo automotive news
According to people familiar with the matter, executives of Changan Auto will fly soon to France to sign the final cooperation agreement with PSA Peugeot ...
Hyundai Feb sales up 23%, growth slows from Jan - Gasgoo automotive news
... out an aggressive incentive programme in March, including zero-percent financing and free maintenance, a source briefed on the matter said on Monday. ...