New and upgraded car models send BYD's 1st quarter profits climbing

BYD, the Chinese carmaker backed by the American billionaire Warren Buffett, said new and upgraded models were winning back buyers and would boost first-quarter profit after a plunge in earnings last year.

The company said yesterday that this year's prospects were improving as models including the Suri compact car and S6 SUV, which hit the showroom in the second half of last year, won back some of its lost customers.

via Business feed http://www.scmp.com/business/companies/article/1198974/new-and-upgraded-car-models-send-byds-1st-quarter-profits