Volvo Group ramps Mexico plant investment up to US$1bn
Swedish truckmaker Volvo will increase its investment in the truck plant it is constructing in Neuvo Leon, Mexico, to US$1bn, said the country’s Economy Minister, Marcelo Ebrard, on 3 April. When the plant was first announced in August 2024, construction costs were estimated to come in at around US$700m.
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Originally posted on: https://www.automotiveworld.com/news/volvo-group-ramps-mexico-plant-investment-up-to-us1bn/