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BYD overtakes Ford, securing 4th spot in global car sales

ArenaEV
In a marketplace as dynamic as the automotive industry, shake-ups and surprises are part of the landscape. Yet, the recent ascent of Chinese automaker BYD is a narrative that warrants attention. Surpassing American giant Ford, BYD clinched the fourth spot in global car sales in August, as per TrendForce statistics. In August, the global car sales in 37 principal markets hit 5.55 million units. Amidst this, BYD exhibited resilience with a 5% month-on-month increment in car sales, despite a softened demand in China’s auto sector. The company was nipping at the heels of third-place Honda,… More…

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