The reasons for Great Wall’s ‘no’ to the Nissan plan

  • The ‘no’ of the Chinese multinational considers economic issues and the lack of space for the production of models in its European offensive.

Great Wall has been blunt: “the project has not been approved”. The Chinese company discards its presence as a prop in the Nissan reindustrialization for its factories in the Free Zone, and it does so basically under the economic conditions.

On November 23, they already announced to Nissan and the Government that they were not going to continue with the bid, ending the negotiation, but the letter sent two weeks ago proposing new offers made them evaluate a new round of contacts. Today has been the final ‘no’. These are their reasons:

They point out that there is “a big difference between this factory and our strategic needs“.

The rent reduction from the land to the Free Trade Zone has not seemed enough to them.

They do not value the union effort for renegotiate the part relating to the conditions of incorporation of the staff.

Are not enough public aid of more than 100 million euros .

It was not enough that Nissan will also renegotiate the transfer downwards of the factories as the administrations had requested from the Japanese company.

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Great Wall has revised its plans for the European market and from the 150,000 units that it calculated to sell in 2025, they have risen to 300,000, a volume that the Barcelona plant does not have the capacity to produce.

Reference-www.elperiodico.com

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