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Nemak Raises MX$7.4 Billion on BMV to Refinance Debt
By Duncan Randall - Wed, 08/05/2026 - 12:17
Nemak raised MX$7.4 billion through a dual-tranche bond issuance on the BMV to refinance existing debt obligations
https://mexicobusiness.news/tag/porsche
More Automotive
Kia to Invest US$649 Million in Mexico: The Week in Automotive
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Kia invests US$649 Million in Mexico while global automakers navigate tariffs and job cuts. This is the week in automotive.
Porsche to Cut 9,000 Jobs by 2035 Amid China, EV Slump
By Óscar Goytia - Mon, 07/27/2026 - 14:10
Porsche will cut 9,000 jobs by 2035 as part of a VW Group restructuring triggered by declining China sales and weak EV demand.
VW Restructures Globally, Expands Mexico Operations
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VW's global restructuring contrasts with rising production and EV investment at its expanding Mexico operations.
Nemak Returns to BMV With MX$8 Billion Bond Offering
By Duncan Randall - Fri, 06/19/2026 - 13:13
Nemak returns to the BMV with an MX$8 billion bond offering under a broader debt program.
German Carmakers Struggle as US, Japan Rivals Advance
By Teresa De Alba - Tue, 06/09/2026 - 18:00
German automakers face tariffs, weak demand and EV headwinds as rivals in Japan and the US gain ground
Porsche Cuts 500 Jobs as CEO Refocuses Core Business
By Óscar Goytia - Fri, 05/08/2026 - 13:58
Porsche to cut 500 jobs and close three subsidiaries as CEO Michael Leiters refocuses on core business amid weaker EV demand.
US Lifts EU Auto Tariffs to 25%, Scrapping 15% Deal
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Donald Trump raises tariffs on EU autos to 25%, reversing the 15% Turnberry Agreement rate.
USMCA Risks, Tech Investment Surge: The Week in Automotive
By Óscar Goytia - Fri, 05/01/2026 - 11:35
Automakers warn of USMCA risks as BYD profits dive and Mexico draws US$2.1 billion in tech investment. This is the week in automotive.
Porsche to Sell Bugatti Rimac Stake to HOF Capital
By Teresa De Alba - Tue, 04/28/2026 - 17:10
Porsche to sell its stake in Bugatti Rimac to HOF Capital, exiting both the JV and Rimac Group holdings
Volkswagen Group Names Andreas Mindt Design Chief
By Óscar Goytia - Mon, 02/23/2026 - 17:44
Volkswagen Group names Andreas Mindt Head of Group Design, succeeding Michael Mauer.