Ford Motor Co. lost out to BYD Co. in global vehicle sales for the first time last year as the Chinese manufacturer continued its climb up the rankings of the world’s largest automakers.
Ford’s wholesales dropped almost 2% last year to just shy of 4.4 million, short of the 4.6 million vehicle sales BYD reported in January. The figure the US automaker disclosed Tuesday confirms BYD has moved up to No. 6 in the global sales ranks, one spot ahead of Ford.
