BYD Co. Ltd. posted 2nd consecutive month of global sales growth in June, offsetting China demand slump with strong exports.
BYD Co.
Ltd.
(OTC:BYDDY) (OTC:BYDDF) posted a second consecutive month of global sales growth in June, as a surge in exports helped the Chinese electric-vehicle maker offset weaker demand in its home market.
Exports Help BYD Offset China's Weakness Total sales rose 5.5% from a year earlier to 403,472 vehicles last month, according to Reuters calculations based on a stock exchange filing on Wednesday.
That followed a 0.3% increase in May, which ended an eight-month run of declines.
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