Mando's Chinese sales rise 21.9% y/y in 2012

News

Strong surge came on the back of a rise in sales of Hyundai-Kia vehicles in the country.

South Korean auto-parts supplier Mando has posted a 21.9% year-on-year (y/y) rise in its China sales for 2012, reports Yonhap English News. Mando's Chinese sales last year increased to 1.04 billion yuan (USD165.2 million), compared to CNY927 million in 2011, according to company officials.

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