After the recent launch of the BYD SHARK 6 in Kenya, BYD Loxea Kenya is reporting a surge in demand mirroring BYD UK's record-breaking sales. BYD UK sold more cars in Q1 2025 than in all of 2024, indicating significant growth for the Chinese automobile manufacturer.

• BYD UK sold 9,271 cars in Q1 2025 alone, surpassing its total sales for the entire year of 2024.
• Loxea Kenya, a subsidiary of CFAO Mobility Kenya, has already sold out its initial shipment of BYD SHARK 6 PHEV pickup trucks.
• Managing Director Jennifer Kinyoe confirmed a replenishment order has been placed due to fast-growing customer demand for BYD PHEVs in Kenya.

Aston Martin Lagonda has issued a second downgrade to its financial outlook, warning of increased losses exceeding £110 million due to US tariffs and supply chain disruptions, including those stemming from the Jaguar Land Rover cyber-attack.

• The luxury carmaker’s shares tumbled by as much as 11% following the announcement, reflecting concerns over reduced wholesale volumes predicted to drop by a mid-high single-digit percentage.
• The firm attributed its struggles to the global macroeconomic environment, particularly the ongoing impact of US tariffs and China’s ultra-luxury car taxes, affecting performance in North America and Asia.
• Aston Martin is engaging with the US and UK governments for clarity on tariff quotas and hopes its Valhalla model will help improve profitability significantly by 2025-26.

Chinese EV manufacturer BYD has seen its UK sales surge by 880% in September compared to the previous year, establishing the UK as its largest market outside of China. This growth coincides with record-high electric vehicle sales in the UK, a market that has not imposed tariffs on Chinese EVs, unlike the EU and US.

• BYD sold 11,271 cars in the UK last month, with its market share reaching 3.6%.
• The UK manager, Bono Ge, stated that BYD will launch more new hybrid and electric cars soon, having recently opened its 100th retail outlet.
• The UK government's £650 million ($875 million) scheme to boost EV adoption excludes Chinese-made vehicles, a decision criticized by BYD.