BYD (BYDDY) and Geely (0175 HK) to buy Nissan (NSANY)-Mercedes (MBG GY) plant in Mexico, Reuters reports
The acquisition of the Nissan-Mercedes plant in Mexico by BYD and Geely signals a significant consolidation in the automotive sector, especially within the EV space.
Competition Commission of India imposes penalty on Intel (INTC) of ~USD 3mln over warranty policy
CarMax (KMX) to name Keith Barr as CEO, WSJ reports
BYD (BYDDY) and Geely (0175 HK) to buy Nissan (NSANY)-Mercedes (MBG GY) plant in Mexico, Reuters reports
Trump administration reportedly pauses key national security measures targeting China, sources say; Measures reportedly include a finalised ban on China Telecom’s US operations and restrictions on Chinese equipment sales to US data centres
PG&E Corporation (PCG) Q4 2025 (USD): EPS 0.36 (exp. 0.36), Revenue -- (exp. 7.05bln)
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This move could enhance their operational capabilities and market share, positioning them strongly against traditional automakers. Investors will want to watch how this affects the competitive landscape, particularly in terms of supply chain efficiencies and potential synergies.
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