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BYD's Great Tang SUV Surge Can't Halt a 24% China Sales Slide as R&D Overhaul and F1 Sponsorship Weigh on Shares
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BYD's Great Tang SUV Surge Can't Halt a 24% China Sales Slide as R&D Overhaul and F1 Sponsorship Weigh on Shares
BYD finds itself in an odd position: its new luxury SUV is smashing internal pre-order records, yet the Chinese auto maker is scrambling to arrest a deepening sales slump at home. Management has responded by dismantling the company’s central research institute and splitting it into five brand-specific units — a restructuring that aims to speed […] The post BYD’s Great Tang SUV Surge Can’t Halt a 24% China Sales Slide as R&D Overhaul and F1 Spons…
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