Auto and auto parts gross profits in the first two months surge

Operating income of the auto and auto parts industries increased by 30.09% and 37.06%,respectively; gross profits increased by 16.86％ and 14.54%, up 0.8 and 0.24 percent year-on-year. Profit margins rose 58.52% and 90.04% relatively while cost drop by 8.73% and 8.93%.

The above statistics show that the overall profit-making capacity of the auto industry has improved; the auto parts industry features a higher growth rate than the complete vehicle industry and the perspective of auto parts industry is booming. The profits managing faculty within the enterprises have been greatly improved.