HONG KONG -- BYD's net profit jumped 28% on the year between July and September, extending a rebound in the previous quarter as weak consumer demand at home was offset by the electric vehicle giant's aggressive overseas push.
Both automakers post 28% earnings gains despite intensifying competition
Visitors at the 2026 Paris Motor Show on Oct. 13. Chinese automakers are increasingly turning overseas, where they earn far more per vehicle than in their fiercely competitive home market. © Reuters