Gasgoo.com (Shanghai May 9) - Chery has denied media accusations that it has been seeking a six billion yuan ($951m) loan for its new joint venture with Jaguar Land Rover, China Business News reported today. In an interview with the paper, Chery Assistant General Manager Jin Yibo asserted that the reports were inaccurate, adding that the joint venture was still awaiting approval and that, as such, it was too soon to decide on any other specifics.