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Home > Headlines > Volvo to boost Mexico plant investment to $1 billion, minister says

Headlines

Volvo to boost Mexico plant investment to $1 billion, minister says

Published by Global Banking and Finance Review

Posted on April 4, 2025

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MEXICO CITY (Reuters) - Sweden's AB Volvo will increase its investment in its new North American heavy-duty truck factory in Nuevo Leon, Mexico, from a previously announced $700 million to $1 billion, Mexico's Economy Minister Marcelo Ebrard said on Thursday.

(Reporting by Brendan O'Boyle; Editing by Sarah Morland)

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