New Straits Times

BAIC expects to make profit in 2019


BEIJING: BAIC Motor Corp will probably make a profit on sales of its own brands such as Senova cars next year after significan­tly reducing losses this year, chairman Xu Heyi said on Saturday. Such a reversal of fortunes for the carmaker’s Senova marque may add to the profit it already makes on the foreign brands that it jointly produces under partnershi­p pacts. Xu said BAIC is selecting a site for a second manufactur­ing base in the Middle East while exploring the feasibilit­y of a facility in Central Asia.

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