China’s top automaker saw a sharp turnaround in profitability after a steep drop in the prior quarter, driven by a surge in overseas sales. International deliveries rose significantly, helping overseas operations achieve higher profit margins than domestic levels. The shift underscores growing demand for the company’s vehicles abroad amid challenges at home. Analysts will watch whether this momentum can be sustained 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% ...
