Popular in Exports, BYD's Domestic Sales Decline for Eighth Consecutive Month

China (ANTARA) - BYD sold 314,100 passenger vehicles in China’s domestic market in April, a 15.7 per cent decrease from the previous year, marking the eighth consecutive month of year-on-year declines.

Nevertheless, the Carnewschina website reported on Friday (1/4) that April’s figures rose 6.2 per cent from March, when the Shenzhen-based carmaker sold 295,639 passenger vehicles.

April’s results indicate a monthly recovery following the slowdown due to the Chinese New Year, but BYD’s annual performance remains under pressure. The company’s sales have now declined every month since September 2025, after recording slight growth in July and August of the previous year.

Overseas sales contributed 42.8 per cent to BYD’s total April volume, underscoring the importance of exports amid softening domestic demand.

From January to April, BYD sold 1,003,039 passenger vehicles, down 26.4 per cent year-on-year. In the same period, overseas sales reached 455,707 units, up 59.8 per cent from the previous year. BYD targets 1.5 million vehicle sales abroad in 2026.

BYD’s main brands, including the Dynasty and Ocean series, sold 273,448 cars, down 21.2 per cent from last year.

Fang Cheng Bao, the off-road brand that also launched a line of modern-style sedans, grew 190.2 per cent to 29,138 units in April. The premium Denza brand fell 26.9 per cent to 11,250 units, while the high-end Yangwang brand grew 95.6 per cent to 264 units.

These April sales figures also come after BYD reported weaker profitability in the first quarter. The company’s net profit declined 55.4 per cent year-on-year to 4.09 billion yuan (Rp10.4 trillion), due to the price war in China and rising hardware costs pressuring profit margins.