China Auto Logistics
Description of China Auto Logistics Inc.
With 2008 sales of approximately $190 million, China Auto Logistics Inc. (NASDAQ:CALI - News) is one of China's top sellers of luxury imported cars as well as one of the country's leading developers of websites for buyers and sellers of imported and domestic automobiles. It is also China's leading "one stop" provider of logistical services and financing to imported car dealers nationwide. The Company has made the strategic decision to de-emphasize imported auto unit sales in favor of expanding its new, highly profitable domestic auto websites which are accessible through its national website, www.at160.com, launched in May 2009. Its subscription and advertising based www.at188.com is the number one site for imported car dealers and consumers. Already contributing significantly to profits, the Company believes further expansion of its websites, including the addition of new web-based auto-related services, will drive future growth. For additional information: www.chinaautologisticsinc.com.
Thestreet.com's Chinawatch mentions CALI fairly often, and has a nice perspective on its prospects: http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=16625831&src=finance&ch=633473
Earnings for Q3 of 2009: http://finance.yahoo.com/news/China-Auto-Logistics-Inc-iw-2024953649.html?x=0&.v=1