BYD's October vehicle sales down 12% from year earlier [Yahoo! Finance]
BYD CO LTD UNSP/ADR (BYDDY)
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Source: Yahoo! Finance
The update on global deliveries came in a post on Weibo by a BYD executive in charge of marketing and public relations. The company sold 502,675 vehicles in October 2024. BYD reported a nearly 33% drop in third-quarter profit on Thursday. Revenue was down 3% for the quarter, the first such decline in more than five years, reflecting increasing competition from domestic rivals. (Reporting by Beijing NewsroomEditing by Mark Potter)
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