BYD Hopes to Double Sales in 2010

BYD is indeed one of most optimistic carmakers in China as it continuously makes bright predictions and hopes to become a global player. After announcing that it is looking to become the world's number one automaker by 2025, BYD is aiming to double its sales in 2010 to 800,000 units and thus grow even bigger to achieve the apparently impossible aforementioned goal.

Basically, BYD plans to boost its sales using a total of five new models, including a sedan, an SUV and an MPV. According to gasgoo.com, BYD will debut the L3, I6, G6, S6, M6 all-new car models next year.

As we said, BYD is planning to take the leading position in China by 2015 and then become the global leader by 2025.

"We have plenty of time to become China's top carmaker by 2015 with a complete and mature product line-up. I am sure we can achieve the target earlier than scheduled," Wang Jianjun, deputy general manager of BYD Auto Sales Co told the China Daily. "BYD was also making efforts to overtake Toyota to become the world's No 1 carmaker in 2025, with annual sales of over 10 million cars expected by that time," Wang said.

BYD sold a total of 50,650 cars in November, up 132.6% from a year earlier, while sales in the first eleven months of 2009 grew 150.2% to 388,246 units. The Chinese carmaker had a 400,000-unit sales goal for this year which was achieved on December 5. According to gasgoo.com, two-thirds of the car sales were accounted by BYD F3.