China's Wonder Auto sees sales rebounding in 2010

Newswire

BEIJING, Dec 24 (Reuters) - Wonder Auto Technology Inc , a components manufacturer, said on Wednesday it expected sales growth to slow through 2009 due to the global recession, but return to around 40 percent by 2010. Wonder Auto, a maker of alternators and starters, expects the domestic market -- which accounts for 85 percent of sales -- to remain relatively strong while its lower prices and improving quality to lift exports down the road. The global auto market is in turmoil, however, ...

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