HomeNewsChinese GWM Visits Nissan Barcelona To Audit The Facilities

Chinese GWM Visits Nissan Barcelona To Audit The Facilities

A delegation from the Chinese manufacturer Great Wall Motors (GWM) has traveled to Barcelona to audit the facilities that Nissan will leave at the end of the year, and in which it proposes to locate its electric vehicle factory for Europe. Within the visit, they will also hold a meeting with staff representatives this afternoon.

As reported by the works councils, the reindustrialization table negotiates in three parties to give continuity to all the plants. Thus, GWM will analyze the Zona Franca (the main factory) and Montcada facilities, while with Silence the negotiations revolve around the land and warehouses of Montcada, as well as the dismantling times necessary to start the new activity.

In the case of the decarbonization hub promoted by QEV Technologies, they have already transferred their industrial plan focused on the Sant Andreu Plant, as requested at the reindustrialization table.

The unions acknowledge that the calendar is slower than expected, but stress the importance of not closing the reindustrialization “in the wrong” because of the rush.

In any case, they demand that there be a binding preliminary agreement before the end of the year for the future of the facilities that Nissan will then leave.

They also urge not to close any project separately, without having agreed to the total reindustrialization of the three plants, and not to definitively rule out any other projects previously presented, such as, for example, that of the Belgian Punch.

Upward results
Great Wall Motors has closed the first three quarters of the year with earnings of 4,944 million yen (about 667 million euros), which is almost double the profit it obtained in the same period of the previous year.

In the third quarter of the year, the Chinese multinational reached a profit of 1,416 million yen (about 191 million euros), which is 1.7% less in the interannual rate.

In terms of turnover, Great Wall Motors reached 90,797 million yuan (12,256 million euros), which represents an increase of 46.1% compared to the same period of the previous year. In the third quarter of the year, the company billed a total of 28,868 million yuan (3,896 million euros), an increase of 10.1% in the year-on-year rate.

Between January and September, the company sold a total of 884,000 vehicles, 29.9% more compared to the same period of the previous year. Furthermore, in the first nine months of the year, GWM sold 98,000 vehicles outside of China, 136.3% more than a year ago, representing 11.1% of the company’s total vehicle sales.

Peter Barzilaihttps://wideworldmag.co.uk
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is WideWorldMag member since 2017.
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