{"id":240697,"date":"2023-10-04T13:20:29","date_gmt":"2023-10-04T13:20:29","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=240697"},"modified":"2023-10-04T13:20:29","modified_gmt":"2023-10-04T13:20:29","slug":"byd-beats-ford-to-become-4th-largest-car-brand-in-august-2023","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/news-features\/byd-beats-ford-to-become-4th-largest-car-brand-in-august-2023\/","title":{"rendered":"BYD beats Ford to become 4th largest car brand in August 2023"},"content":{"rendered":"<h2>Ford slipped to 6th position in the list, with a 6.7% drop in sales compared to July 2023.<\/h2>\n<p>According to the latest data, BYD became the 4th largest global car brand in the month of August 2023, overtaking the likes of Ford &amp; Hyundai.<\/p>\n<p>The report states that Toyota, despite a 2.6% decline in sales, retained the top position in August. Volkswagen &amp; Honda completed the top 3, registering 6.5% and 4.9% sales share, respectively. BYD occupied fourth place ahead of both Hyundai &amp; Ford, with a sales share of just 0.1% behind Honda.<\/p>\n<p>Reports suggest that Toyota &amp; Honda will get a major boost with demand from the Southeast Asian markets. However, for BYD to crack the top 3, the Chinese carmaker will have to accelerate its export expansion plans.<\/p>\n<p>It is important to note that BYD has a mostly electrified lineup. Ford slipped to 6th position in the list, with a 6.7% drop in sales compared to July 2023. The sales decline is said to be mainly due to the ongoing UAW strike and Russia&#8217;s recent announcement regarding restrictions on the exportation of fossil fuels.<\/p>\n<p>Source: <a href=\"https:\/\/www.team-bhp.com\/news\/byd-beats-ford-become-4th-largest-car-brand-august-2023\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford slipped to 6th position in the list, with a 6.7% drop in sales compared to July 2023. According to<\/p>\n","protected":false},"author":2,"featured_media":240696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BYD beats Ford to become 4th largest car brand in August 2023 - AutoMotoBuzz.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automotobuzz.com\/news-features\/byd-beats-ford-to-become-4th-largest-car-brand-in-august-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BYD beats Ford to become 4th largest car brand in August 2023 - AutoMotoBuzz.com\" \/>\n<meta property=\"og:description\" content=\"Ford slipped to 6th position in the list, with a 6.7% drop in sales compared to July 2023. 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