BYD, Geely and VinFast bid for Nissan-Mercedes Mexico plant

BYD, Geely and VinFast bid for Nissan-Mercedes Mexico plant

Chinese automakers seek the site for overseas capacity as US tariffs disrupt Mexico trade. Credit: Gorodenkoff / Shutterstock.com Chinese carmakers BYD and Geely and Vietnam’s VinFast are finalists to acquire a Nissan-Mercedes-Benz vehicle plant in Aguascalientes, Mexico. The three companies advanced from nine bidders, which also included Chinese manufacturers Chery and Great Wall Motor, according…

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GE Appliances moves washing machine production from China to Kentucky with $490 million investment

GE Appliances moves washing machine production from China to Kentucky with $490 million investment

LOUISVILLE, Ky. (AP) — GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky. The $490 million investment positions the Kentucky home appliances company to rank as the biggest U.S. manufacturer of washing machines,…

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