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Automobiles

Great Wall's recovery seen to be temporary as shares surge

Sustaining demand without expanding discounts could be a challenge, analysts say

Great Wall Motor said its profit soared more than 500% year-on-year in the July-Sept. quarter following a 59% plunge in earnings during the first half of the year, as it controlled costs, sold higher-priced vehicles and refrained from wider discounts.   © Reuters

HONG KONG (Nikkei Markets) -- The tailwinds that led to Great Wall Motor's unexpectedly strong show, propelling its shares on Monday, are unlikely to last for long, say some analysts.

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