Nissan (7201 JT) held talks with Chery Auto (9973 HK) on building cars in Sunderland, according to FT

Nissan's discussions with Chery Auto about establishing production in Sunderland signal a potential strategic partnership that could enhance Nissan's manufacturing capacity and competitiveness in the region. This could also indicate a shift in supply chain dynamics, enhancing economic ties and possibly leading to joint product development. Traders should monitor how this may impact Nissan's market position and share value, along with possible implications for local job creation and the automotive sector more broadly.