China’s top automaker saw a sharp turnaround in profitability after a steep drop in the prior quarter, driven by a surge in overseas demand. International deliveries jumped significantly, helping overseas operations achieve higher profit margins than domestic ones. The shift underscores growing reliance on global markets amid challenges at home. Analysts will watch whether this trend sustains as competition intensifies abroad.
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% ...
