BYD's (1211) sales in 2020 fell 7.7 percent despite a 30 percent year-on-year jump in the last month of the year.
Car sales in December were 56,322 units and full-year sales were 427,000 units.
New energy vehicle sales surged 120 percent from a year ago to 28,841 last month while full-year sales of NEVs was up 17.35 percent to 189,689 units.
Among them, passenger vehicle sales rose 157 percent year-on-year to 27,594 units in December. Passenger vehicle sales dived by 18.37 percent to 219,000 units in 2020, compared to a previous year.
Oil-fueled vehicle sales fell 8.6 percent to 27,481 last month but grew 2.32 percent year-on-year to 237,000 units last year.
Share of BYD rose 3 percent to HK$229.6 yesterday.
Meanwhile, Dongfeng Motor (0489) said the total vehicle production last year fell 3.5 percent year-on-year to 2.835 million units.
Vehicle sales in 2020 decreased by 2.2 percent from a year ago to 2.868 million units. Passenger vehicle sales fell 6.09 percent year-on-year to 2.313 million units while commercial vehicle sales rose 18.47 percent to 554,812 units.
In December, vehicle production increased by 15.8 percent to 335,000 units from a year ago. Vehicle sales last month were up 20 percent year-on-year to 343,000 while passenger vehicle sales rose 21.1 percent to 293,747 last month.
The share of Dongfeng Motor fell 2.3 percent to HK$8.74 yesterday.
