By Norihiko Shirouzu SHANGHAI (Reuters) - BYD Co, one of the better known Chinese brands thanks to a stake held by billionaire U.S. investor Warren Buffett, may stop making conventional gasoline-fuelled cars within two years and focus on 'new energy' battery models as part of a "re-birth plan" to arrest a slump in sales. Shares in BYD, which once harbored long-term ambitions to be as big as Toyota Motor Corp, have tumbled by almost three quarters since a late-2009 peak, as net profit crumbled to just 81.4 million yuan ($13.15 million) last year from 3.8 billion yuan four years ago. Now, the ...
via Tech News Headlines - Yahoo! News http://news.yahoo.com/exclusive-chinas-byd-mulls-leaner-greener-birth-plan-001722476--business.html
Brak komentarzy:
Prześlij komentarz