Mexico sees major corporate restructurings and new EV investment amid economic shifts

BBVA Mexico announced a leadership change, proposing Eduardo Osuna as the new president of its board after Jaime Serra Puche's departure. KIA Corporation committed to invest $649 million in Mexico to launch electric‑vehicle production, marking a significant automotive boost for the region. In parallel, BMW declared a global workforce reduction of 8,000 jobs by the end of 2027, while Visa plans to cut about 7% of its global staff, citing artificial‑intelligence efficiencies. SpaceX’s share price fell roughly 30% over a month, reflecting investor concerns. The roundup also highlighted a slight recovery in the peso‑dollar rate, lingering tensions over the US‑Mexico trade agreement, and discussions about restoring diplomatic ties between Mexico and Peru.