BYD Becomes Second Chinese Carmaker to Join IATF After Geely
So far, the Chinese automakers that have joined the IATF include Geely Holding Group and BYD Group.
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So far, the Chinese automakers that have joined the IATF include Geely Holding Group and BYD Group.
As major global automakers release their 2025 sales figures, BYD’s annual sales of 4.602 million vehicles make it the first Chinese automaker to enter the global top six by volume.
China remained critical to GM in 2025, accounting for 1.88 million vehicles — more than 30% of the company’s 6.184 million global sales.
GM’s latest adjustment primarily targets its North American vehicle production, favoring local sourcing while accepting alternative suppliers from outside China.
While price cuts and discounts have helped BYD expand in China, the same approach may backfire in Japan.