EconomyBYD and Geely report profit surge as overseas sales soar, while China market stalls
China’s two largest carmakers, BYD and Geely Auto, reported sharply higher third-quarter earnings, driven by surging overseas sales as they put pressure on established brands in Europe and Southeast Asia. BYD posted a net profit of 10 billion yuan, up 28% year on year, while revenue rose 13.6% to 211.5 billion yuan.
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South China Morning Post★★☆☆☆2026-10-29 12:41Original
BYD and Geely report profit surge as overseas sales soar, while China market stalls
Economy