Profit At Warren Buffett-Backed Chinese Automaker BYD Plunges In 1st Qtr

Profit at BYD, the Chinese manufacturer of autos, batteries and phone components 10% owned by Warren Buffett’s Berkshire Hathaway, plunged in the first quarter as tough competition in the world’s largest auto market led to a decline in sales.

Profit At Warren Buffett-Backed Chinese Automaker BYD Plunges In 1st Qtr

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