BYD passes Ford in sales as Chinese automakers surge

From Nissan to Stellantis, automakers restructure as challenges mount

20241129N BYD

BYD's global unit sales in July-September exceeded 1 million for the first time on a quarterly basis. (Photo by Shizuka Tanabe)

SHOYA OKINAGA and SOTA TANAKA, Nikkei staff writers

TOKYO -- Western and Japanese automakers are struggling while Chinese players soar, with electric vehicle giant BYD overtaking Ford Motor for the first time to take sixth place in global sales in the July-to-September quarter.

BYD sold 1.13 million units during the period, up 38% on the year and exceeding 1 million vehicles for the first time on a quarterly basis. By surpassing Ford, which ranked seventh for the quarter, BYD became the first Chinese automaker to overtake one of the "Big Three" U.S. companies. The data comes from the automakers themselves and research firm MarkLines.

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