China’s top automaker saw a sharp turnaround in profitability after a steep drop in the prior quarter, driven by a surge in international sales. Overseas deliveries rose significantly, pushing foreign operations to higher margins than domestic performance. The shift highlights growing demand for its vehicles abroad amid challenges at home. Analysts will watch whether this trend sustains as competition intensifies globally.
BYD, China's largest automaker, rebounded from the previous quarter's 55% profit decline as international deliveries climbed 82% and overseas operations reached 19.5% margins compared to 16.7% ...
