Volvo to Increase Investment in Mexico Plant to $1 Billion

Reported about 21 hours ago

Volvo Cars will raise its investment in a new truck factory in Nuevo Leon, Mexico, to $1 billion, as announced by Mexico's Economy Minister Marcelo Ebrard. Initially, the investment was set at $700 million when the site was selected near Monterrey. Construction is expected to start with production scheduled for 2026.

Source: YAHOO

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