BYD Co., Ltd. (SEHK: 1211) obtained net profits of CNY 2.42 billion in the first half of 2010, swelling 105.6% from CNY 1.18 billion a year earlier, according to the interim report released by the company on August 22.

Shanghai August 26 (Gasgoo.com) Beijing Automotive Industry Holdings Co (BAIC) is likely to take over the small Chinese SUV-maker, Zoyte Auto. Both sides have now entered into final negotiations, Beijing Daily reported Thursday.