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
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| BYD (C) |
20173 |
133.98 (-) |
0.034 |
9.6 X |
| BYD (C) |
19097 |
131.98 (-) |
0.072 |
4.8 X |
| BYD (C) |
16462 |
128.9 (-) |
0.090 |
6.6 X |
| BYD (P) |
17863 |
100.78 (-) |
0.226 |
3.9 X |
| BYD (Bull) |
66055 |
97.6 (99) |
0.076 |
13.7 X |
| BYD (Bull) |
55270 |
96.1 (97.5) |
0.018 |
11.6 X |
| BYD (Bear) |
65951 |
113.4 (112) |
0.085 |
12.3 X |
| BYD (Bear) |
59234 |
109.4 (108) |
0.052 |
20.0 X |
| TSLA (C) |
10010 |
530 (-) |
0.800 |
4.1 X |
| TSLA (P) |
10011 |
370 (-) |
0.460 |
3.4 X |