China’s top automaker saw a sharp turnaround in profitability after a steep drop in the prior quarter, driven by a surge in overseas shipments. International deliveries rose significantly, helping overseas operations achieve higher profit margins than domestic levels. The shift highlights growing demand for its vehicles abroad amid challenges in its home market. 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% ...
