January-April earnings in China's auto sector fell 57% year-on-year due to rising costs, falling prices and slow sales, state media reported. Total sales of vehicles grew by only 4.57% and the sector's profit margin declined to less than 4% from 9% this time last year.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved