
比亚迪10月汽车销量同比增长11%至490,168辆,标志着连续第六个月实现增长。周日,中国电动汽车制造商比亚迪公布了连续第六个月的10月销量增长,得益于国际市场弥补了疲软的国内需求和激烈的本地价格竞争。
BYD’s October vehicles sales rose 11% annually to 490, 168 units, marking is sixth consecutive month of expansion On Sunday, Chinese electric vehicle maker BYD shared a sixth straight month of October sales growth, driven by international markets that compensated for soft domestic demand and intense local price competition.
报告显示,车辆销量同比增长11%,上月达到490,168辆,增速较9月的17%有所放缓,而海外交付量同比激增102.8%至170,194辆。
The reports showed that vehicle sales grew 11% from a year ago compared to 490,168 units last month cooling from a 17% gain in September while international deliveries climbed 102.8% annually to 170, 194 units.
观察指出,比亚迪第三季度利润增速放缓至同比28%,低于预期,全球市场饱和和国内需求低迷迫使整个行业转向出口。
It has been observed that BYD’s third-quarter profit growth slowed to 28% annually falling short of forecasts as global market saturation and sluggish domestic demand forced an industry-wide pivot toward exports.

作为向欧盟出口混合动力汽车的主要出口商,比亚迪可能面临中欧协议下的新限制,该协议旨在限制欧洲的混合动力车进口。
BYD being a prominent exporter of hybrid vehicles to the EU could experience new restrictions under the China-EU deal which aims at reining in hybrid imports in Europe.
此外,预计中国本土汽车市场在经历了比预期更严重的低迷后,将在2017年略有反弹。
Furthermore, China’s local auto market is expected to bounce back slightly in 2017 after a worse than expected slump this year.
摩根士丹利周五重申比亚迪H股“增持”评级,目标价114港元。该行指出其海外利润率及将运营转化为盈利的能力;同时认可第三季度外汇压力超过20亿元人民币。
Morgan Stanley reaffirmed its overweight rating on BYD’s H-shares on Friday at a target pace of HK$114. The house pointed to its foreign profit margins and the company’s ability to translate operations into earnings; moreover recognizing foreign exchange pressures surpassing RMB 2 billion in the third quarter of 2026.