US Stock Market LIVE Updates: Stock futures slip as record-breaking quarter gives way to fiscal uncertainty

BYD Co. registered its best month for car sales this year in June, after slashing prices across its range in a move that drew criticism from government authorities and industry groups.

The Chinese carmaking juggernaut sold 377,628 vehicles last month, including 206,884 passenger battery electric cars. That was up 10% from a year earlier, helping to push first-half volumes to 2.1 million units, according to a statement Tuesday.

Rival Geely Automobile Holdings Ltd. Meanwhile, sold more than 193,000 cars in June, a 59% year-on-year increase. The showing prompted Geely to raise its delivery target for 2025 by 11% to 3 million.

BYD’s discounting of as much as 34% across some models in late May may not have resulted in the sales bump it hoped for, and has certainly come with other costs.