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 (-) | 0.034 | 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 |