Warren Buffett's Chinese Automaker Has Sold A Million Cars That Look Like Toyotas In The Front And Hondas In The Back

In 2013, Warren Buffett-backed BYD Auto (pronounced Bee-Yeah-Dee) sold more cars than any other Chinese domestic brand, according to China Auto Web. In that same period of time, BYD generated an $89 million profit. Since Buffett's Berkshire Hathaway made a $230 million investment in BYD for a 10% stake in 2008, the automaker has been propelled by the success of the compact F3 sedan, of which it has sold more than 1 million vehicles.  First introduced in 2008, the F3 and its budget-friendly $8...