BMW wants details from Mexican government about future investment stability

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

BMW wants details from Mexican government about future investment stability GlobeBusiness

German car maker BMW, which is building its first plant in Mexico, is looking for clear signs from the new government of President Andres Manuel Lopez Obrador that would guarantee stability to invest in the country, a top executive said.

Wehr said that BMW was keeping a close watch on Mexico’s sovereign rating and domestic sales of cars.Ratings agency S&P last week put Mexico’s sovereign debt on a negative outlook and said there was a one-in-three chance of a sovereign downgrade in the coming year, although not yet to junk.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness Build a Factory Just South Of The Border. That'll Piss Donnie Off.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SHARE NOW: Car2Go cars to go away, fleet to rebrand after BMW mergerThe popular service isn’t going anywhere, but it is changing its branding and bringing in BMW vehicles
Source: VancouverSun - 🏆 49. / 61 Read more »