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Nissan-Mercedes JV COMPAS to Close in May 2026 Amid Market Shifts
By Óscar Goytia - Fri, 10/24/2025 - 13:16
COMPAS, the Nissan-Mercedes joint venture in Aguascalientes, will close May 31, 2026, due to market shifts and US tariff impacts
https://mexicobusiness.news/tag/luxury-vehicles
More Automotive
BMW Margin Falls to 5.4% on China Slump, Tariff Risks
By MBN Staff - Mon, 08/04/2025 - 16:51
BMW's 2Q25 margin drops to 5.4% on China sales dip, US tariffs; warns tariffs may cut annual margin by 1.25 points, still within guidance
BYD Reaches 13 Million NEVs, Launches YANGWANG U7 Sedan
By MBN Staff - Tue, 07/29/2025 - 13:17
BYD hits 13 million new energy vehicles produced, marking milestone with YANGWANG U7 launch—reaching 13 million just eight months after 10 million
Mexico Vehicle Exports Drop 10.9% in April, Hurt by US Tariffs
By MBN Staff - Mon, 05/12/2025 - 13:00
Mexican light vehicle exports fell 10.9% in April 2025, hit by US tariffs. German automakers faced challenges meeting USMCA content rules.
BYD's Denza Launches EVs, PHEVs in Mexico, Targets Premium Market
By MBN Staff - Mon, 04/28/2025 - 14:22
Denza, BYD’s premium brand, debuts in Mexico 3Q25, launching EVs and PHEVs to rival BMW, Audi, and Lexus
German Automakers Push for USMCA to Dodge US Tariffs
By Óscar Goytia - Fri, 04/04/2025 - 13:18
BMW, Mercedes-Benz, Audi, and VW discuss with Mexico to align with USMCA and avoid the 52.5% US import tariffs imposed by the Trump administration
Goldman Sachs Downgrades Mercedes, Porsche Amid Rising Costs
By Óscar Goytia - Fri, 01/17/2025 - 11:19
Goldman Sachs downgrades Mercedes-Benz and Porsche, citing rising costs, lower China profits, and challenges in the EV market
Rolls-Royce Invests US$370 Million to Boost Luxury Output
By MBN Staff - Fri, 01/10/2025 - 17:00
Rolls-Royce invests US$370 million in its Goodwood HQ to expand Bespoke and Coachbuild programs, meeting rising demand for luxury vehicles.
Lincoln Appoints William Vélez as Mexico, Caribbean Director
By MBN Staff - Thu, 01/09/2025 - 17:15
William Vélez is named Lincoln Director for Mexico and the Caribbean, bringing over 17 years of experience
INEOS Launches Grenadier 4x4 in Mexico, Expands North America
By Reneé Lerma - Wed, 12/11/2024 - 17:01
INEOS Automotive launched the Grenadier, a premium 4x4 off-road vehicle, in Mexico, expanding its presence in North America