Mon, May 02, 2005 - Page 10 News List

Smaller cars winning profits in China market

MONEYMAKERS Although larger models such as the Volkswagen Santana still outnumber others, compact models such as Hyundai Elantras are selling like hotcakes

AP , SHANGHAI, CHINA

The company, whose shares are traded in Hong Kong, said its net profit rose by 47 percent on-year to US$10.8 million last year, helped by fast sales of its Haoqing model cars.

This story has been viewed 4684 times.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

TOP top