Guangzhou Automobile Group Co. Ltd., the Chinese joint-venture partner of Honda Motor Co. Ltd. and Toyota Motor Corp., reportedly is in talks with Hunan Changfeng Motor Co. Ltd. regarding a possible merger. â€śWe have been in contact over the past few months,â€ť the Shanghai Daily quotes an unnamed Guangzhou official as saying. â€śBoth companies have proposals but we havenâ€™t gone through all the details.â€ť Another media report says Guangzhou plans to buy Hunan Changfeng by the end of the year ...
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