Key facts
- BYD's October deliveries of 490,168 vehicles rose 11% from a year earlier, the company's strongest month of the year.
- Geely Auto delivered 310,183 petrol and electric cars worldwide in October, its strongest month of the year.
- Smaller Chinese carmakers face pressure to turn a profit as the two largest grow, according to the report.
BYD delivered 490,168 cars to customers in China and abroad in October, up 11% from a year earlier, while Geely Auto handed over 310,183 petrol and electric cars worldwide, the Financial Times reported. Both were the companies' strongest monthly totals of the year.
The two Shenzhen- and Hangzhou-based carmakers grew against a downward trend in China, the world's largest automotive market. The report said smaller rivals are under increasing pressure to turn a profit.