Buffett-Backed Carmaker BYD Says Profit May Plunge by 98%

Buffett-Backed Carmaker BYD Says Profit May Plunge by 98%
Shenzhen-based BYD, which gets about half its revenue from autos, also faced faltering car sales in China amid increasing competition. “The solar division is to blame for the poor results and we see no quick turnaround in this troubled division …
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