Brilliance H1 down as China car sector growth stalls

Newswire

HONG KONG, Sept 23 (Reuters) - Brilliance China Automotive Holdings Ltd reported a lower first half net profit as vehicle sales were crimped amid Beijing's economic austerity measures. Brilliance, China's largest minibus maker and the China joint venture partner of German luxury car maker BMW AG , posted net profit of 407.6 million yuan (US$49.23 million) for the six months ended June. The profit figure was below the average forecast of 423 million yuan from seven analysts polled by ...

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