"The Asian automaker, along with its competitor Geely and Vietnam's VinFast, has set its sights on Nissan's plant in the state of Aguascalientes, which is in the process of shutting down. According to Reuters, the soontoclose factory has become the target of an intense bidding process involving nine companies, with Geely, VinFast, and BYD emerging as finalists. Sources close to the automotive sector confirmed to EL PAIS that a sale is possible, though talks are not yet official."
"Asked about the process, Nissan said it is focused on carrying out the shutdown in an orderly and responsible manner. Beyond this announcement, there is no additional confirmed information, the company said. Last year, Nissan announced that as part of its global restructuring, it would gradually shutter the plant, with the final vehicles expected to roll off the line in May 2026."
"For Asian competitors, the Aguascalientes facility with a production capacity of 230,000 units is attractive because of its geographic location, its links to other industrial plants, and the support the state has provided to the sector for more than 30 years. According to Reuters, other interested parties included China's Chery and Great Wall Motor, though neither made it to the final stage of the bidding."
BYD, Geely, and VinFast are among finalists bidding for Nissan's Aguascalientes plant as Nissan proceeds with an orderly shutdown. Nine companies entered the bidding, and sources indicated a sale is possible though talks remain unofficial. The plant's 230,000-unit capacity, strategic location, links to nearby industrial facilities, and over 30 years of state support make it attractive to Asian competitors. Chery and Great Wall Motor were interested but did not reach the final stage. The potential transaction comes amid a USMCA review and tensions over claims that Mexico enables tariff-free Asian vehicle access to the United States.
Read at english.elpais.com
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