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  • October 26, 2014
  • Last updated: 9:49am
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Results 1 - 10 of 26 for car crash

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  1. Business - China Business - EARNINGS

    Car dealer Sparkle seeks to regain glitter with new products

    Posted Jun 24th 2014, 05:58am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Sparkle seeks to regain glitter with new products Sparkle Roll Group, a luxury-car dealer on the mainland, reported a 74 per cent fall in net profit ... million, compared with HK$66 million the previous year. With showrooms featuring Bentley, Rolls-Royce and Lamborghini cars in Beijing, the vehicle business is Sparkle's major income driver, ...

  2. Business - China Business - EARNINGS

    BYD pins hopes on new-energy vehicles after profit drops

    Posted Aug 26th 2014, 01:10am by Kwong Man-ki

    ... accelerates green car plans after profit dip BYD, the Chinese carmaker backed by Warren Buffett, expects performance to improve in the fourth quarter, boosted by sales of new-energy vehicles (NEVs), ... a decline in the market share of local car brands in the traditional vehicle segment amid intense competition, the company said. However, revenue from vehicles powered by new energy soared 12 times ...

  3. Business - China Business - EARNINGS

    Brilliance profit soars on back of BMW joint venture sales

    Posted Aug 20th 2014, 01:34am by Kwong Man-ki

    ... sales Brilliance China Automotive Holdings, the mainland partner of German luxury car brand BMW, said its first-half earnings soared 78.7 per cent from year-ago levels, bolstered by robust sales ... carmakers, which are accused of price manipulations. Brilliance would respect and assist the government's investigations which were positive for the development of the car market, Wu said. ...

  4. Business - Companies - EARNINGS

    Geely cuts annual sales target after 20.4pc fall in first-half earnings

    Posted Aug 20th 2014, 02:44pm by Kwong Man-ki

    ... 32 per cent to 10.2 billion yuan, with car sales falling 29 per cent year on year to 187,296 units, meeting just 32 per cent of its full-year target. In a statement to the Hong Kong stock ... in the second half, Song said. Li said the sales performance of Geely, which also owns Swedish luxury car brand Volvo, was also hindered by the upgrading of the company's product cycle and a major ...

  5. Business - Companies - EARNINGS

    China sales help Nissan close in on chief Carlos Ghosn's key targets

    Posted Jul 29th 2014, 01:05am by BLOOM

    ... on track," said Kota Yuzawa, a car analyst at Goldman Sachs in Tokyo. "Their China sales are quite strong this year." Operating profit in the quarter rose 13 per cent to 122.6 billion yen, ... product offensive along with measures to enhance competitiveness [and] build market share." In the US, Nissan overcame production delays for its key models including the Altima mid-size car ...

  6. Business - Companies - EARNINGS

    Foxconn chief Gou calls for patience as he invests to tap new markets

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Terry Gou asked shareholders to give him time to invest in new businesses including car electronics and cloud computing as he chases clients such as Tesla Motors amid slowing sales. "Please ... with Foxconn, and Gou said Foxconn makes touch screens for Tesla cars. "There's some very promising potential collaboration with Foxconn," Musk said. "We do feel that with potential ...

  7. Business - Companies - EARNINGS

    Johnson Electric under pressure from rising wages, increased plant cost

    Posted May 16th 2014, 01:05am by Sophie Yu

    ... automobile market with the world's fastest growth rate of car sales." The company proposed a share consolidation yesterday that would see every four shares consolidated into one. The share ...

  8. Business - China Business - EARNINGS

    Strong BMW venture sales lift Brilliance China profit 47 per cent

    Posted Mar 28th 2014, 01:40am by Kwong Man-ki

    ... of strong car sales of its joint venture with BMW, but the contribution from the venture rose at a slower pace on higher costs for capacity expansion. The net profit of the Chinese carmaker rose ... by contributions from BMW Brilliance, the 50-50 joint venture with German carmaker BMW. Profit from the venture rose 47.7 per cent to 3.4 billion yuan, with car sales up by 28.5 per cent to 206,729 units. ...

  9. Business - Companies - EARNINGS

    Dah Chong Hong posts 13.8pc drop in earnings

    Posted Feb 21st 2014, 01:11am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Dah Chong Hong bullish despite partnership's end Dah Chong Hong, which distributes a range of foreign car brands, is optimistic on demand this year, ... scheme to phase out old diesel vehicles and would see stable growth from the rising middle class on the mainland. Dah Chong Hong, which distributes car brands such as Chevrolet, Audi and Toyota, ...

  10. Property - Hong Kong & China - EARNINGS

    Longfor warns of profit squeeze after asset sales

    Posted Mar 22nd 2014, 01:30am by Langi Chiang

    ... said. "But we have stock worth 10 billion yuan, mainly car parks, with a compressed gross profit margin. "They may hardly make any money for us, but we have to sell them. ...




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