BEIJING (Reuters) -Chinese automaker BYD said on Saturday its October sales dropped 12% from the same month a year earlier to 441,706 vehicles. The update on global deliveries came in a post on Weibo by a BYD executive in charge of marketing and public relations. The company sold 502,675 vehicles in October 2024. BYD reported a nearly 33% drop in third-quarter profit on Thursday. Revenue was down 3% for the quarter, the first such decline in more than five years, reflecting increasing competition from domestic rivals. (Reporting by Beijing NewsroomEditing by Mark Potter) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
