China: Dongfeng Motor net earnings jump 76% in 2010

Dongfeng Motor Group has announced financial results for 2010 indicating a substantial improvement in revenue and earnings for the year, driven by 36% growth in unit sales. The company reported 2010 revenue of Yuan 122,395m (US$18.62bn), versus Yuan 91,758m in 2009, a gain of 33.4%. Of the 2010 total, Yuan 88,143m Subscribe to Automotive World … Continued

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• March 30, 2011