Etiqueta: Sales

Strengthened fleet team, growing dealer network and new product to turbocharge Chinese manufacturer's expansion, says head of fleet sales Malcolm Fryer.

Warren Buffett’s Berkshire Hathaway ($BRK.A) ($BRK.B) has reduced its stake in the Chinese electric vehicle (EV) maker BYD Co. Limited ($HK:1211) to below 5%. Accor...

Forvia and BYD to bring Asian partnership to Europe

The world's seventh largest car parts supplier Forvia will bring its partnership with Chinese battery specialist and car maker BYD to Europe, it said on Tuesday. Forvia said the two companies will operate together in BYD's new factory in Hungary, as an extension of their current partnership in Asia. "Our collaboration has already resulted in significant achievements in Asia, and we are confident that this expansion will drive further innovation and growth in the European market," Forvia's CEO Patrick Koller said in a statement.

Warren Buffett continued to reduce his holdings of BYD stock, which now stands at 4.94% of all outstanding shares.

Warren Buffett is paring down his investment in China’s biggest electric vehicle company. That doesn’t mean he’s about to invest in Tesla. Berkshire Hathaway, the company Buffett controls, reduced

BYD Co. shares fell the most in more than three weeks after Berkshire Hathaway Inc. sold off another block of shares in the automaker, taking its stake to under 5% from more than 20% two years ago.

The billionaire investment guru has seen a 2,000% gain from the bet he made on the Chinese EV maker 15 years ago

When certain politicians in the United Kingdom were trying to persuade their fellow citizens to vote to leave the European Union, an argument I don’t remember ever hearing was that Brexit would make it easier for Chinese carmakers to expand their reach in the country. After spending a week with the nation’s most fervent car […]

BYD Company reportedly hired former Baidu executive Zhou Peng to lead its driver assistance technology development. Peng will focus on creating end-to-end large model planning and control algorithms, bringing experience from Baidu's smart driving unit and Baidu-backed EV maker Jiyue.