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Auto and auto parts gross profits in the first two months surge

Ally From Gasgoo.com| April 06 , 2007

Operating income of the auto and auto parts industries increased by 30.09% and 37.06%,respectively; gross profits increased by 16.86% and 14.54%, up 0.8 and 0.24 percent year-on-year. Profit margins rose 58.52% and 90.04% relatively while cost drop by 8.73% and 8.93%.

The above statistics show that the overall profit-making capacity of the auto industry has improved; the auto parts industry features a higher growth rate than the complete vehicle industry and the perspective of auto parts industry is booming. The profits managing faculty within the enterprises have been greatly improved.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods.

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