GUANGZHOU -- BYD and Geely Automobile Holdings were among China's major private automakers to report profit growth in the January-June half, while SAIC Motor and other state-owned operators struggled in a crowded market.
Private companies log higher profit in 1st half on strong sales and margins

China's major private automakers, including BYD, posted strong results for the January-June half. (Photo by Shizuka Tanabe)
GUANGZHOU -- BYD and Geely Automobile Holdings were among China's major private automakers to report profit growth in the January-June half, while SAIC Motor and other state-owned operators struggled in a crowded market.