China’s BYD and Geely bid for Nissan-Mercedes Mexico plant to dodge Trump tariffs

2026-02-12 - 14:37

Two of China’s leading carmakers, BYD and ⁠Geely, are among the finalists vying to purchase a Nissan–Mercedes-Benz plant in Mexico, according to a ⁠person familiar with the matter, as China seeks a manufacturing foothold in a country where US tariffs are fuelling factory closures and lay-offs. The finalists emerged from nine companies expressing interest in acquiring the factory, including at least two other major Chinese manufacturers: Chery and Great Wall Motor, according to two sources...