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Europe Sep New Car Registrations Grow 11%; BYD Delivers ~5x More Cars
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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%.

Related NewsNomura Maintains Buy for BYD COMPANY (01211.HK), Focuses on 2026 Development Strategy
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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