Chinese automaker takes over Nissan car plant in Europe

Chinese automaker takes over Nissan car plant in Europe

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[electricviking]

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[petergaspar]

BYD is building a factory in the city of Szeged in Hungary

[NilsFrederking]

It is just the beginning of a huge buying series of European carmakers plants by Chines carmakers.

[hclau]

This is what happens when you go the Tonya Harding way, instead of improving yourself and changing with the times.

[davidrichards]

Fantastic news and trend for the consumer!

[sinoelectroautophile]

No, they don't rebadge BYD.
For Nissan, the partner in joint-venture is Dongfeng.
For Honda, the partners in joint-ventures are GAC and Dongfeng.

[jamesduncan]

Brazil update: GWM just purchased a Mercedes factory in Sao Paulo state to build the Haval SUV.

[gobsmacked]

I just want a small, reliable and comfortable car I can afford to buy and own. I don't care who builds it.

[stevenbarrett]

Plenty of car manufacturing facilities available here in the UK, we are used to working for foreign owners, so long as we get paid cars will be produced

[RossBurrell-wg]

Woke up this morning and saw that you have hit 250K subscribers 🎉congratulations 🎊 Sam! 😊

[yirui]

Just like clothes, TV and mobile phones, Chinese cars will be enriched in our lives.

[ykchang]

Nissan produced nice cars. I owned one many years ago. They are easy to drive, save fuel and looks good. Sad to see them gone.

[davidboskett]

We should remember that ALL companies (not just auto companies) have a determined lifecycle. Under our capitalistic system they need to show consistent growth or they are either taken over by a more dominant rival or they wither away and become bankrupt.It is the natural Darwin model we live by and we should not be surprised by this as there are still far too many car manufacturers supplying the world markets especially now with the rise of the Chinese companies.

[hjehje]

I wouldn't consider ths to be a trojan horse. On the contrary, when a Chinese automater takes over an already "failed car factory" they are bringing jobs and prosperity to the people of that area. his is not only simply based on manufacturing, the sales and service industries benefit as well. If a company is no longer able to produce a good product at a reasonable price, they deserve to go out of business and make way for others who can.

[whiteknuckles]

China points the finger at Germany - Overcapacity. Overcapacity.

[rossnolan]

Tesla took over a factory in California that was a GM/Toyota joint venture that was terminated.
It made the setting up of a new car company possible. (Firesale price)

[dougabbott]

congrats to your 250 000 subscribers !!!! Well done.

[voramuj]

Wow, those times are probably start of the end of EU and Japan automobile industry

[at]

BYD should buy them and 250k subscribers congrats!

[Whyunounderstand]

All these legacy automakers just got to fat to lazy and thought they could just keep offering the same shit with a high price tag.