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BYD biggest in China, dethrones Volkswagen
BYD’s growth seems unstoppable. The BYD Seal, arriving end 2023, must help boost European sales /BYD
On its home turf, Chinese car giant BYD has beaten Volkswagen and is currently the number one brand in sales. Also, the brand doubled its registrations worldwide, boosting its profit fivefold during the first quarter of 2023. At Auto Shanghai, Volkswagen CEO Oliver Blume stated, “BYD is very, very strong”. Reporting on its sales for
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