Best-selling Chinese car manufacturer in danger of missing sales targets

• BYD is indeed in danger of missing its sales targets, as it needs to average about 530,000 vehicle sales per month for the rest of the year to reach its annual goal.
• The company's sales have been impacted by a sluggish domestic economy and intensifying competition, while exports have grown strongly, particularly in South America and Europe.
• BYD's global expansion is facing risks in Hungary, where its flagship factory site is under scrutiny over alleged labour abuses and a probe into state subsidies has been triggered, impacting its rollout schedule.