BYD August sales rise 17 percent on strong exports
Chinese electric vehicle maker BYD reported a 17.8 percent rise in August sales to 440,293 vehicles. Overseas shipments surged 134.5 percent, helping cushion the impact of sluggish domestic demand and lifting profitability.
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BYD CO LTD-H reported a 17.8% jump in August vehicle sales to 440,293 units, driven by robust overseas demand. The fourth consecutive month of sales growth highlights the automaker's expanding international footprint. International expansion is helping offset intense domestic price competition in China.
