Sales target may elude BYD
BYD Co, the Chinese automaker backed by Warren Buffett, will likely miss its 600,000 unit target for auto sales in 2010, spokesman Paul Lin said on Wednesday.
The Hong Kong-listed carmaker is likely to sell 520,000 to 550,000 cars this year, he said. BYD cut its target to 600,000 vehicles from 800,000 in August.
