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


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.

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