Continuing Increase of Sales Volume Recorded for Brilliance China Automotive Holdings Limited for First Quarter of Year 2001.Business Editors HONG KONG--(BUSINESS WIRE)--May 8, 2001 The 51% owned subsidiary of Brilliance China Automotive (NYSE NYSE See: New York Stock Exchange : CBA See Capital Builder Account. ; SEHK SEHK See: Stock Exchange of Hong Kong : 1114), Shenyang JinBei Passenger Vehicle Manufacturing Company Ltd. ("Shenyang Automotive"), saw a continuing growth of sales volume in the first quarter of year 2001. Shenyang Automotive sold a total of 15,711 minibuses in the first quarter of 2001, a 5.7% increase over the 14,865 minibuses sold during the same period in 2000. Shenyang Automotive sold 13,456 of its Mid-priced Minibuses in the first quarter of 2001, an increase of 3.0% over the13,070 units sold during the same period in 2000. Unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. of the Deluxe Minibus min·i·bus n. pl. min·i·bus·es or min·i·bus·ses A small bus typically used for short trips. minibus Noun a small bus Noun 1. increased 25.6% from 1,795 in the first quarter of 2000 to 2,255 units for the same period in 2001. Shenyang Automotive, the most competitive minibus manufacturer in China, maintains the leading position in China's minibus market, with a market share of 27.4% at the end of March 2001, according to China Automotive Industry Newsletter. |
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