Mercedes-Benz's manufacturing joint venture with Nissan in Mexico could be on the bubble.
A top Mercedes-Benz executive questioned the long-term prospects of the $1.4 billion manufacturing partnership with Nissan Motor Co.
The auto assembly plant in Aguascalientes, Mexico, known as COMPAS, builds the Mercedes GLB crossover and Infiniti QX50 and QX55 crossovers.
On an earnings call from Germany last week, Mercedes-Benz CEO Ola Kallenius referred to the Mexico manufacturing partnership as "stable" for now.
"We have a good partnership with Nissan, and it's supposed to stay this way for the next three years," Kallenius said. "What will happen after that, we haven't decided yet."
The sprawling factory in central Mexico is the cornerstone of an extensive industrial partnership, announced in 2010, for Daimler and the Nissan-Renault alliance to share vehicles and powertrain technologies.
The Euro-Japanese industrial collaboration was willed into reality by Nissan's now-ousted chairman, Carlos Ghosn, and Daimler's now-retired CEO, Dieter Zetsche.