Etiqueta: Mexico

A new survey finds that 38% of American car shoppers would consider a Chinese car if they had the option. 69% of Gen Z would cross-shop one.

BYD (SEHK:1211) is reported to be in the final bidding round for a Nissan–Mercedes-Benz manufacturing plant in Mexico, which could give it established production capacity in North America and Latin America. The potential acquisition comes as BYD expands international sales, with particular traction reported in European and ASEAN auto markets. These developments highlight BYD's push to build out overseas production and distribution options beyond its existing Chinese manufacturing base. BYD...

The Chinese electric vehicle giant BYD is advancing its international growth strategy on multiple fronts. Two significant developments highlight this push: t

BYD's brief Pentagon listing raises regulatory fears as it pursues a Mexico factory acquisition, highlighting a split between strong exports and weaker domestic sales.

BYD (SEHK:1211) is reported as a key finalist to acquire the Nissan Mercedes Benz plant in Aguascalientes, Mexico. The potential deal would expand BYD's production footprint in North America as U.S. tariffs on Chinese automakers and regional trade talks continue. The Aguascalientes plant bid marks a new phase in BYD's international build out, particularly for electric vehicle assembly in the region. BYD shares last closed at HK$97.75, with the stock up 5.9% over the past week but showing a...

Recent reports out of Mexico indicate that Nissan and Mercedes are selling their joint venture factory in Aguascalientes Mexico and the top bidders have been narrowed down to BYD and Geely.Overall, this represents a dramatic shift for legacy automakers in Mexico. While Chinese vehicles have rapidly risen to take 20% of the Mexican new car market, the factory will lead to significant localized capacity. That will help to develop local supply chains that will support further localization with implications not only to the Mexican market, but also to its nearby trading partners.

The end of federal credits for EVs as well as backlash against CEO Elon Musk have hurt Tesla sales and reputation. Meanwhile, China’s BYD is dominating globally.

The Mercedes-Benz plant in Aguascalientes, Mexico, may be sold to a Chinese car manufacturer. According to insiders, BYD and Geely, two of China's leading

BYD and Geely, are competing to buy a Nissan–Mercedes-Benz plant in Mexico, as China aims to increase its manufacturing presence in the country

We're looking at a bidding war over a Mexican auto plant, and how the basics of supply and demand work for cars and more.