Mercedes And Nissan Joint Venture Could Collapse In Mexico | Carscoops carscoops
between Mercedes-Benz and Nissan in Mexico is thought to be on shaky ground and may not continue beyond the middle of the decade.
The German automaker joined forces with the Renault-Nissan alliance in 2010 to share vehicle and powertrain technologies. They also operate an assembly plant in Aguascalientes, Mexico that builds theWhile recently speaking during Mercedes-Benz’s quarterly earnings call, chief executive Ola Kallenius said the long-term prospects of the partnership had yet to be decided.
“We have a good partnership with Nissan, and it’s supposed to stay this way for the next three years,” Kallenius said. “What will happen after that, we haven’t decided yet.”states that the joint venture and the future of the assembly plant is at risk with the companies shifting their U.S. lineups towards electric vehicles. Both LMC Automotive and AutoForecast Solutions assert production could end at the site in the middle of the decade.
“The outlook for the underutilized COMPAS plant is dim because there’s no product allocated beyond 2026,” AutoForecast Solutions vice president Sam Fiorani said.has the capacity to build 230,000 vehicles annually but last year, just 108,681 vehicles were produced at the site. Production reached its peak in 2020 but still did not reach 50 per cent of capacity.
Dwindling production at the site is due in part to falling demand for the models built there. Indeed, U.S. sales of the Infiniti QX50 dropped by 42 per cent last year.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Over 1 million Nissan, Tesla and Ram vehicles recalled: Check latest car recalls hereNearly 1.1 million vehicles are among the latest car recalls, with Nissan, Tesla and Ram each recalling hundreds of thousands of cars, trucks, SUVs and minivans. See if yours is affected.
Read more »
Oversensitive Sensory Neurons Can Cause Joint Deformities – But It Can Be TreatedAccording to a recent study, an overabundance of mechanosensation in the neurons responsible for our sense of limb position in space can disrupt musculoskeletal development and cause joint deformities such as arthrogryposis. The research also demonstrates that it is possible to treat certain musc
Read more »
Pizza joint's help wanted sign: ‘Now hiring: non-stupid people’An Ohio pizzeria that has had trouble finding reliable workers bluntly advertised out front that they are hiring 'non-stupid people.'
Read more »
8 Biggest Barbecue Joint Red Flags, According to Pit MastersMost pitmasters agree a great barbecue restaurant can be many things but there are some common red flags that can signal a mediocre spot.
Read more »
2023 Nissan Sentra Gets A Bit More Expensive But It's Still Well-Priced | Carscoops2023 Nissan Sentra Gets A Bit More Expensive But It's Still Well-Priced | Carscoops carscoops
Read more »
Facelifted 2024 Mercedes V-Class Shows Off Its Huge Digital Dashboard | CarscoopsFacelifted 2024 Mercedes V-Class Shows Off Its Huge Digital Dashboard | Carscoops carscoops
Read more »