Ford Sales Drop Below BYD, Moving to Global No. 7 (F.US, 002594-CN)

Ford (F.US) posted its first annual global car sales decline to Chinese rival BYD (002594-CN), moving to No. 7. Data released Feb 10 showed Ford’s批发 sales down nearly 2% to about 4.4 million units, versus BYD’s reported 4.6 million, marking BYD’s ascension to No. 6 and ahead of Ford. The weakness was pronounced in Europe and China, where BYD, Xiaomi, and吉利 are gaining market share with affordable electric vehicles. Ford allocated $19.5 billion to重组 its EV transition, while BYD expanded into Europe, South America, and Asia, achieving 10.5 million exports in 2025 and aiming for 13 million in 2026. Global leadership remains with Toyota (7.9M, +4.6%) for the sixth consecutive year, amid regulatory scrutiny of aggressive price competition.