UPDATE 1-China cars firm Brilliance H1 in the red

Newswire

(Adds executive comments) By Alison Leung HONG KONG, Sept 23 (Reuters) - The Chinese autos partner of Germany's BMW AG skidded into the red in the first half of 2005 as sales and prices fell and as it took a big asset impairment charge. But the company, Brilliance China Automotive Holdings Ltd. , said the second half should be better as it rolls out new models, including a new BMW 3 series. Brilliance said it made a net loss of 299 million yuan ($37 million) compared with a profit of ...

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