Market News

    BYD February vehicle sales fall at steepest pace since pandemic

    Chinese electric vehicle maker BYD (002594.SZ) opens new tab recorded the biggest fall in global sales in six years last month against a backdrop of fierce competition in the world's largest auto market.
    BYD's February sales dropped 41.1% from a year earlier, the sixth consecutive month of decline, according to a stock market filing on Sunday. The fall last month was the biggest since February 2020 when the economy was hit by the COVID-19 pandemic.
    Source : Reuters