BYD and Geely Vie for Mexican Factory Acquisition to Fuel Further Growth
10 hour ago / Read about 0 minute
Author:小编   

Insiders have disclosed that BYD and Geely have made it to the final shortlist for acquiring Nissan-Mercedes-Benz's Mexican factory. Due to the impact of U.S. tariff policies, this factory has ceased operations, leading to a spate of layoffs. This situation has spurred Chinese automakers to actively pursue manufacturing bases in Mexico. Situated in Guanajuato, Mexico, the factory is responsible for producing models like the Mercedes-Benz GLB. It possesses well-established production credentials and a robust supply chain. Its advantageous geographical position enables it to cater to both the North American and South American markets, which are likely the key factors drawing Chinese automakers to compete fiercely for its acquisition.