Cars
BYD says China sales to recover from this month
Updated: 2011-01-11 14:59
(Agencies)
BYD Co, the Chinese carmaker backed by Warren Buffett, expects sales in China to recover from this month after the company missed targets in 2010, Bloomberg reported citing chairman Wang Chuanfu.
Chinese customers tend to buy cars before the traditional Spring Festival, which falls on Feb 3 this year.
|
BYD missed its 2010 target by 13 percent, selling 519,806 cars. The automaker fell short of the goal even after it cut the target by 25 percent in August from an earlier estimate of 800,000 units.
Specials
President Hu visits the US
President Hu Jintao is on a state visit to the US from Jan 18 to 21.
Ancient life
The discovery of the fossile of a female pterosaur nicknamed as Mrs T and her un-laid egg are shedding new light on ancient mysteries.
Economic Figures
China's GDP growth jumped 10.3 percent year-on-year in 2010, boosted by a faster-than-expected 9.8 percent expansion in the fourth quarter.