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

The investment that Volvo, the Swedish shipowner, will make in its plant in the municipality of Ciénega de Flores, Nuevo León, will be of 1.000 million dollars (mdd), 250 mdd more to the one originally announced, said Samuel García, Governor of the entity.On his trip to Europe to promote among investors to Nuevo León, the president met with directors of Volvo, who confirmed that the investment that they make for the plant they build in the entit…

The Secretary of Econom a, Marcelo Ebrard, informs that Volvo increase its investment from 700 to 1 billion dollars in New Le n.

Volvo Cars' new boss, Hakan Samuelsson, made a splash after being reappointed as CEO. He promised to produce more cars in America....

The governor of NL announced that the Volvo plant in Ciénega de Flores could produce its first trucks in the summer of 2026, which now has 2,000 employees.By continuing their work tour in Europe, the governor of Nuevo León, Samuel Alejandro García Sepúlveda, met in Gothenburg, Sweden, with directors of the Volvo company, who confirmed that the investment they make for the plant they build in Nuevo León, which will be the largest in the group tha…

Production at the new facility is scheduled to begin in 2026, and the vehicles will be sold in the United States.

Volvo decided to expand its investment in Mexico from $700 million to $1 billion. Chancellor Marcelo Ebrard confirmed the increase in capital destined for the construction of the Volvo plant in Ciénega de Flores, Nuevo León. Volvo plant in Nuevo León The official described Volvo's actions as "good news", in full tariff escalation by the US government. Originally announced in August last year, the installation will be the largest industrial inves…