Navigation
Shop For Cars

Beautiful Cars Are Only A Click Away

Shop For Cars

Chang’ans Profit Drops, But Sales Rise

In 2018 China Car Times was acquired by Autowise. This article originally appeared on ChinaCarTimes.com.

Chang’an Motors, Chinese Car News | CCTApril 30, 20072:03 pm

From the Shanghai Daily:

CHONGQING Changan Automobile Co said first-quarter profit fell 14 percent as competition caused the companys profit margin to narrow.

Net income fell to 161.2 million yuan (US$20.9 million), or 0.1 yuan per share, by international accounting standards, from 186.4 million yuan, or 0.12 yuan, a year earlier, the Chongqing-based company said in a Shenzhen stock exchange statement yesterday.

Sales rose to 6.6 billion yuan from 5.9 billion yuan. Chongqing Changan is a partner of Ford Motor Co.

nr_height){nr_height=jQuery(this).innerHeight();}});jQuery(“a.nr_rc_panel”).css(“height”,nr_height+”px”);}]]>

  • Tweet This
  • Share on Facebook
  • Digg This
  • Save to delicious
  • Stumble it
  • RSS Feed

3 Comments

  1. jackson li says:April 30, 2007 at 4:14 pm

    thats not good, they need to launch those new models they have show in the autoshow into the market as soon as possible

    Reply

  2. Bob says:April 30, 2007 at 6:19 pm

    What about a sports ben ben?

    Reply

  3. dragin says:May 2, 2007 at 9:47 pm

    Being so far in the interior, the company is at a real logistics disadvantage. Upping export sales this year will help.

    Reply

Leave a Reply

Click here to cancel reply.

Name (required)

Mail (will not be published) (required)

Website

Howdy! Get all replies to this thread sent to you via email, just click the box!

Categories:

About

© Copyright 2010 - 2018 AutoWise. All rights reserved.

Follow Gear Heads on Facebook or the latest updates!
Follow Gear Heads on Facebook or the latest updates!
Skip to toolbar