BYD (01211.HK)

China’s Auto Companies’ Sales Results in July: BYD (01211.HK) Car Sales Soar Nearly 83%

The China Association of Automobile Manufacturers (CAAM) announced sales figures for July on Aug 10th, showing SAIC (600106.SH), GAC (600238.SH) and Changan (000625.SZ) among the top three, with sales of 352,546, 180,518 and 177,941 units respectively. SAIC fell 22.95 percent year-on-year, Guangzhou Auto fell 1.86 percent year-on-year, and only Changan maintained a 7.89 percent growth. […]