China's Changan Q3 net up a third, outlook strong

Newswire

SHANGHAI, Oct 28 (Reuters) - Leading Chinese minivan maker Chongqing Changan Automobile Co Ltd said on Tuesday its third-quarter net profit jumped 33 percent year on year, riding a boom in the domestic auto sector. The company, which makes compact cars with Japan's Suzuki Corp and U.S. giant Ford Motor Co , said full-year earnings were forecast to rise more than 50 percent after third-quarter net profit rose to 360.67 million yuan ($43.57 million) from 270.61 million yuan a year earlier. ...

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