Toyota eyeing auto loan service in China

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Last updated at: (Beijing Time) Friday, October 31, 2003

Toyota eyeing auto loan service in China

Toyota Motor Corp plans to offer auto loan services in China as the Chinese auto market is expected to grow rapidly, company sources said Thursday.

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Toyota Motor Corp plans to offer auto loan services in China as the Chinese auto market is expected to grow rapidly, company sources said Thursday.

The biggest Japanese automaker will shortly file with Chinese financial authorities for approval, hoping to launch the new service by the end of this year, the sources said.

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