BYD and Geely Submit Bid to Acquire Nissan-Mercedes Mexico Plant

Deal Summary

Chinese automakers BYD and Geely have placed a joint bid to acquire the 230,000‑unit Nissan‑Mercedes plant in Mexico, aiming to boost their North American manufacturing footprint. The plant, currently owned by a Nissan‑Mercedes joint venture, produces up to 230,000 vehicles annually. The bid signals a strategic push by the bidders into the region.