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22-08-2007
Chinese
automakers saw their total profits grew 65.8
percent in the first half of the year as the
country's auto industry maintained strong growth
momentum.
First-half
profits added up to 30.21 billion yuan (3.98
billion U.S. dollars), up from 11.98 billion
yuan a year earlier, according to latest figures.
The
country's 16 major automobile manufacturers
reaped a total of 486.38 billion yuan in revenues,
up 26.58 percent.
Fourteen
of them reported higher revenues than the same
period of last year, with the top three - FAW,
Shanghai Automotive Industry Corp. and Dongfeng
Motor - each scoring more than 80 billion yuan.
The
ten biggest earners, which also included Chang
An Automobile, Brilliance Auto, China National
Heavy Duty Truck Group and Chery Automobile,
sold a total of 4.15 million vehicles in the
first half, taking an 83-percent market share.
Editor:Ida.Zhang
from Chinabuses.com
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