BYD negotiates purchase of German Ford plant

Chinese automaker BYD is apparently in negotiations over the purchase of a Ford plant in Saarlouis in the Saarland region of Germany. Representatives of Ford’s management in Germany will travel to China next week to discuss the deal, the Wall Street Journal reported on Tuesday, citing anonymous sources. Talks are reported to be at an early stage, and the deal could still fall through. The report did not give details on the price. Ford could not initially be reached for comment.