Europe's new car registrations increased by 11% YoY to 1.24 million units in September, marking a three-month rising streak, the European Automobile Manufacturers' Association announced.
Among major automakers, Stellantis and Renault performed the best, lifting their delivery volumes by 11.5% and 15.2%, respectively. BYD COMPANY (01211.HK)'s deliveries also surged by nearly fivefold, pushing its market share to 2%.
In contrast, Tesla (TSLA.US)'s deliveries were still stuck in a downtrend. The carmaker delivered 10% fewer cars last month, bringing its market share to only 3.2%.
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AAStocks Financial News
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						| SG Top Picks | 
				
				  
					
					| Stock & Type | Code | Strike(Call Level) | Last | Effective Gearing | 
					
				
				| BYD (C) | 20173 | 133.98 (-) | 0.024 | 10.0 X | 
		
				
				| BYD (C) | 19097 | 131.98 (-) | 0.062 | 4.9 X | 
		
				
				| BYD (C) | 16462 | 128.9 (-) | 0.071 | 6.9 X | 
		
				
				| BYD (C) | 18941 | 128.433 (-) | 0.058 | 4.0 X | 
		
				
				| BYD (P) | 17863 | 100.78 (-) | 0.255 | 3.8 X | 
		
				
				| BYD (Bull) | 62843 | 92.1 (93.5) | 0.019 | 10.5 X | 
		
				
				| BYD (Bull) | 63535 | 88.1 (89.5) | 0.027 | 7.4 X | 
		
				
				| BYD (Bear) | 65951 | 113.4 (112) | 0.116 | 8.6 X | 
		
				
				| BYD (Bear) | 59234 | 109.4 (108) | 0.081 | 12.4 X | 
		
				
				| TSLA (C) | 10010 | 530 (-) | 0.690 | 4.2 X | 
		
				
				| TSLA (P) | 10011 | 370 (-) | 0.500 | 3.4 X |