China: SAIC says profit may have quadrupled in H1 2010

SAIC Motor Corp has noted in a statement to the Shanghai Stock Exchange that its first-half net profit may have more than quadrupled from a year earlier because of rising demand for vehicles in China. According to Bloomberg and Reuters reports, SAIC did not provide earnings figures in the statement but Subscribe to Automotive World … Continued

• By Webmaster
• July 20, 2010