SHANGHAI, Oct 29 (Reuters) - Chinese carmaker BYD Co Ltd , backed by U.S. billionaire Warren Buffett, forecast 2013 profit may rise more than seven-fold from last year, after the company posted robust quarterly results that beat analyst estimates. BYD is in the midst of a revival thanks to demand for its traditional gasoline-fuelled vehicles, which account for half of the company's revenues, and an improvement in its solar cell business. It also makes electric cars. Net profit for ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
- And much more!