BYD's October vehicle sales rise as overseas demand offsets China weakness

[BYD EV car store and customers. Chinese electric car company] Robert Way/iStock Editorial via Getty Images Chinese electric vehicle maker BYD (BYDDF [https://seekingalpha.com/symbol/BYDDF])(BYDDY [https://seekingalpha.com/symbol/BYDDY]) reported an 11% increase in October vehicle sales, extending its growth streak to six consecutive months as surging overseas shipments helped offset sluggish domestic demand and fierce price competition. BYD sold 490,168 vehicles during the month, compared with a 17% year-over-year sales increase in September. Overseas shipments more than doubled, climbing 102.8% to 170,194 vehicles, according to Reuters calculations based on company figures released Sunday.