Monthly Archives: March 2019

BYD’s EV Sales Up 300% January 2019 Over January 2018

(BRK.A), (BRK.B)

BYD (Build Your Dreams), a world leader and pioneer in battery and zero-emission vehicles, has announced that its year-on-year electric car sales rose almost 300% for the month of January 2019 over January 2018.

BYD’s official number is 292%.

The company sold 28,005 electric cars in China in January, which is its third highest month ever.

The robust sales are in great part due to the continued success of its BYD Yuan, which set its eighth consecutive month of record sales with 10,093 vehicles.

The Yuan ranks #1 in the plug-in electric car segment in China.

BYD and Berkshire Hathaway

In 2008, Berkshire Hathaway bet on BYD’s potential, purchasing 225 million shares. It’s an investment that has paid off handsomely. Berkshire’s original investment of $230 million has grown in value almost ten-fold, and is now worth roughly $1.96 billion.

For More on BYD, read the Special Report: BYD, Berkshire’s Tesla.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

GEICO Hiring Hundreds of Employees in Georgia

(BRK.A), (BRK.B)

GEICO’s regional offices in Macon, Georgia, are hiring hundreds of employees. They have immediate openings for Emergency Roadside Service Representatives, Title Processing Specialists, Claims Service Representatives and Customer Service Representatives; all four positions have a starting salary of at least $15 an hour. Training is provided and no prior insurance experience is necessary.

Full-time associates are offered the wide-ranging Total Rewards Program, which includes a comprehensive benefits package, college tuition reimbursement and health and wellness incentives. GEICO provides a friendly work environment that supports career growth and development.

“More than 6,700 members of the Middle Georgia community are already a part of our GEICO family,” said Regional Vice President Franklin Silva. “We are proud to invite even more area residents to join GEICO and help us continue to offer the top-notch customer experience that we are known for.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.