Wednesday, October 29, 2014

BYD Profit Falls 26% on Increased Competition

Chinese car and battery maker BYD Co. expects its 2014 full-year net profit to fall by up to 22% after reporting a 26% drop in third-quarter profit as increased competition in the market for conventional cars continues to pressure vehicle sales and earnings.



from WSJ.com: US Business http://online.wsj.com/articles/byd-profit-falls-26-on-increased-competition-1414594798?mod=pls_whats_news_us_business_f

via IFTTT

No comments:

Post a Comment