日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

 
English 中文
go to FORTUNE.com

Powered by Chinadaily.com.cn

 
home Contact us go to FORTUNE.com
News
Special Report
People
Webcast
Photos
China Economy
Conference
· Intro & Theme
· Schedule
· Speakers
· Venues
·Sports Roundtable
·Cultural Roundtable
·Participants
 
  Auto Industry
Vehicle sales slump sparks profits crash
[ 2005-04-04 14:03:57]

Profits in China's automobile sector dropped sharply in the first two months of this year due to declines in vehicle sales and prices in the domestic market and soaring costs, according to the National Bureau of Statistics.
The auto sector reported 3.5 billion yuan (US$422.7 million) in profits from January to February this year, down 61.5 per cent from a year earlier, said Jiang Yuan, an analyst from the statistics bureau.

The profits of more than 100 completed vehicle manufacturers dived by 78.4 per cent year-on-year to 1.28 billion yuan (US$154.6 million) during that period, Jiang said.

More than half of these vehicle producers were in the red in the period, he said.

Of the nation's top 34 automakers, 10 saw profits plunge and 13 made losses in the first two months of this year.

Profits in the spare parts and components segment slumped by more than 20 per cent in the period from a year ago.

This was the first year-on-year profits tumble in the spare parts and components segment in the past decade.

"This is a poor start for the auto sector and shows that a full-year profit slump will be inevitable in 2005 from last year," Jiang told China Daily.

He blamed the decline mainly on manufacturers' weakening vehicles sales and frequent price cuts.

Total sales of automobiles made in China amounted to 684,500 units during the period, down 6.94 per cent from the same period last year, according to industry statistics.

Sales of domestically-made passenger vehicles tumbled by 8.94 per cent year-on-year to 456,300 units from January to February this year.

Almost all of the car producers in China, including Sino-foreign joint ventures, cut prices to boost sales in the period.

In January, German firm BMW slashed prices of its 3 and 5 Series sedans, built at its joint venture in northeastern Liaoning Province, by 50,000-100,000 yuan (US$6,040-12,080), the biggest price cuts in the domestic car market so far this year.

"High steel prices and the strong euro are also eating at the profits of vehicle producers in China, especially European automakers' joint ventures," Jiang said.

Steel prices in the domestic market will remain on the bullish side this year buoyed by skyrocketing iron ore costs, according to officials from the China Iron and Steel Association.

 
 
All rights reserved. Powered by Chinadaily.com.cn
 
主站蜘蛛池模板: 国产麻豆免费视频 | 美日韩av在线 | 成人a在线观看 | 成人在线播放视频 | 人人天天夜夜 | 成人精品综合 | 国产色诱视频 | 亚洲经典在线观看 | 性高潮免费视频 | 四虎国产精品永久在线国在线 | av免费观 | 成人aaa | 玖玖玖影院| 黄大色黄女片18免费 | 在线观看www| 少妇一级淫片免费播放 | 亚洲日本精品 | 日本吃奶摸下激烈网站动漫 | 久久久香蕉视频 | aaaaaa毛片 | 99精品一区二区三区 | 狠狠狠狠狠狠干 | 日少妇视频| 国产精品久久久 | 成人一级黄色片 | 黑人巨大猛烈捣出白浆 | 亚洲欧美日韩偷拍 | 欧美成人精品一区二区三区 | 国产精品成人久久 | 五月天久久婷婷 | 亚洲精品中文在线 | 色婷久久 | 福利资源在线观看 | 一级欧美片 | 在线观看视频h | 毛片网站在线看 | 日韩欧美在线中文字幕 | 国产99re| 久久久久久久99 | 加勒比成人av | 97se亚洲 |