Autoliv's China business most profitable
Updated: 2011-11-24 15:56
(chinadaily.com.cn)
|
|||||||||||
Autoliv Inc (ALIV)'s factories in China are the company's most profitable, with an operating margin "well above" a global average of about 11 percent, Dagens Industri said, citing Jan Carlson, chief executive officer of the auto-parts maker.
The Chinese operations are the most efficient due to near- full capacity utilization as well as low costs, Carlson said.
- European investors cool toward China
- Filling China's insurance gaps
- HK wins Asia Pacific's top shopping spot
- Triangular debts threaten manufacturers
- New policies support ailing solar industry
- Scalpers cash in on short supply of iPhone 5s
- Lean times at Canton Fair
- China's crude steel output plummets in Jan-Sept