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0 0.00948340404292495 -0.000748689792862519 0.00293236835537808 0.0207137509358622 0.0175942101322685 0.0129772897429499 0.0129772897429499
Stock impact report

Seeking Mexico foothold, China's BYD and Geely bid to buy car plant: Reuters [CNBC]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CNBC
Leonhard Simon | Reuters Two of China's leading automakers, 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 U.S. tariffs are fueling factory closures and layoffs. 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 familiar with the matter. Vietnamese electric-vehicle maker VinFast is the third finalist, one of the people said. The interest from Chinese automakers, which has not been previously reported, heralds a potentially major shift in Mexico's car industry. For decades, U.S., European and Japanese automakers have dominated, mostly building U.S.-bound vehicles. Now, Mexican officials face a balancing act. Trump administration tariffs are battering Mexico's auto sector, and Show less Read more
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