BYD considers Aguascalientes plant acquisition as peso weakens

dineroenimagen.com (Spanish)

Chinese automaker BYD is reportedly interested in acquiring the COMPAS plant in Aguascalientes, Mexico. The plant, a joint venture between Nissan and Mercedes-Benz, is facing closure due to declining sales of luxury models in the US. BYD, a major electric vehicle manufacturer, has shown interest in expanding its presence in Mexico. This potential investment comes as the Mexican peso weakened against the dollar, influenced by rising oil prices due to geopolitical tensions in the Middle East.


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BYD considers Aguascalientes plant acquisition as peso weakens | News Minimalist